Saudi Arabia’s debt market reaches $202bn in Q4 2023
- Date: 29-Jan-2024
- Source: Arab News
- Sector:Financial Services
- Country:Saudi Arabia
Saudi Arabia’s debt market reaches $202bn in Q4 2023
RIYADH: Saudi Arabia’s sukuk and bond issuances rose 2.8 percent year on year in value by the end of the final quarter of 2023, reaching about SR758.8 billion ($202.34 billion), data issued by the Saudi Exchange showed.
A recent Tadawul report attributed the growth to an increase in the listed sukuk and bonds issued by the government, constituting 70 percent of the total at SR529.8 billion. Saudi Arabia’s debt market reaches $202bn in Q4 2023
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