Saudi Arabia raises more than $4bln in bond sale – ZAWYA

Saudi Arabia raises more than $4bln in bond sale – ZAWYA

Saudi Arabia raises more than $4bln in bond sale. The Kingdom's strong credit rating means it can borrow more cheaply than many other Mideast economies despite a weaker oil price. JEDDAH: Saudi Arabia has sold more than SR15 billion in Islamic bonds, as the Kingdom seeks to develop its local debt market.. The content of the article is syndicated or provided to this website from an external third party provider..