BOOM: Saudi Arabia to Sell Record of $17.5 Billion in Sovereign Bonds

Posted on 10/19/2016

Saudi Arabia is acting quickly before the U.S. Presidential election results (Hillary Clinton versus Donald Trump) and a possible future rate hike by the U.S. Federal Reserve. The Kingdom of Saudi Arabia plans to raise US$ 17.5 billion in an enormous sovereign bond sale. This would be the biggest emerging market bond issue on record. […]

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