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New Saudi bond issue to cover debt

September 26, 2017 12:22 pm


Saudi is aiming to access diversified funding to close its budget gap projected last December to reach $53bn in 2017.

This would be its third international bond sale after a $17.5bn debut international bond in 2016 and a $9bn Islamic bond issue in April 2017.

Neuberger Berman’s Eric Knutzen discusses Saudi Arabia’s dollar bond and talks about his investment strategies.


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By Hadi Khatib
Hadi Khatib is a business editor with more than 15 years' experience delivering news and copy of relevance to a wide range of audiences. If newsworthy and actionable, you will find this editor interested in hearing about your sector developments and writing about it.