Global bond investors get new path to $2.5 trillion Saudi market
- Date: 09-Jun-2021
- Source: Salaam Gateway
- Sector:Financial Markets
- Country:Saudi Arabia
Global bond investors get new path to $2.5 trillion Saudi market
Published 07 Jun,2021 via Arab News - Economy RIYADH - International bond and exchange traded fund investors will be able to access the $2.5 trillion Saudi market without having to apply for special status.
Clearstream, the post-trading services provider of Deutsche Börse Group, will connect the Saudi capital market to its network after teaming up with the Securities Depository Center Company (Edaa), a unit of the Saudi Tadawul Group.
Clearstream is the first International Central Securities Depository (ICSD) to offer international investors access to the Saudi capital market — home to some of the region's biggest bond sales.
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