Saudi stock exchange approves listing of $7bn government debt

Update Saudi stock exchange approves listing of $7bn government debt
The Saudi stock exchange has given the green light for the listing (Getty)
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Updated 17 March 2022
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Saudi stock exchange approves listing of $7bn government debt

Saudi stock exchange approves listing of $7bn government debt

RIYADH: The Saudi stock exchange has approved the listing of SR26.24 billion ($7 billion) worth of government debt instruments submitted by the Ministry of Finance, it said in a statement.

Divided into four issuances, the first two are valued at SR4.5 billion combined, whereas the other two amount to SR13.2 billion and SR8.5 billion, respectively.

The listing and trading of the instruments will start on Mar. 21, Tadawul said in a statement.