A banking document revealed that "Saudi Arabia launched, today Monday, bonds in two tranches with maturities of 6 and 10 years." The sale document set the initial indicative pricing for the 6-year bonds at approximately 110 basis points over U.S. Treasury securities, and around 135 basis points over 10-year Treasury securities. The Kingdom appointed "Citi" and "Standard Chartered" as global coordinators for the issuance.
Saudi Arabia Issues Dollar Bonds in Two Tranches
Share
