Saudi Arabia could issue $20bn of bonds in regional debt boom, predicts US bank By Frank Kane

07 Jan

DUBAI: Gulf states are expected to embark on a debt-raising spree in 2018, with Saudi Arabia taking the lion’s share of issuance that could top $50 billion, according to experts in global sovereign credit markets.

 Bank of America Merrill Lynch (BoAML), the US investment bank, issued a report advising investors to “expect a busy period of Gulf Co-operation Council issuance,” and that it was expecting “very large issuance” from Saudi Arabia of around $20 billion of bonds. Read More...

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