sukuk
To cater to investors with different investment horizons, the issuance has been divided into three tranches
The DFM General Index ranked 5th globally in 2023
The minister highlighted the country's interest in strengthening economic and financial cooperation
An over-subscription of 2.5 times demonstrates investor trust in the lender
Aramco will now be able to capitalize on recent declines in global interest rates
Issuance was divided into three tranches
Capitalizing on investor confidence amidst significant changes in economic strategy
Strong investor demand enabled the kingdom to tighten pricing by lowering yields
Kingdom attracts Saudi investors, advances capital market, and maintains fiscal stability
UAE's COP28 year saw $7.95 billion in debut sustainable debt issuances
Bonds and sukuk issued in 2023 amounted to $2 billion
