MoF announces pricing of Euro-denominated issuance
The Ministry of Finance (MoF) announced pricing its first Euro-denominated and the fifth international issuance under the Kingdom of Saudi Arabia’s Global Medium-Term Note Program. The total amount of the Euro-denominated issuance stands at EUR3bn (SAR12.7bn). The issue is divided into two tranches: EUR1bn (SAR4.2bn) with an eight-year term maturing in 2027, and EUR2bn (SAR8.4n) with a 20-year term maturing in 2039. The average yield on the eight-year issuance was 0.695%, and that on the 20-year maturity averaged 1.931%.
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.