Saudi stock exchange approves listing of $2.7bn government debt

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Updated 21 April 2022
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Saudi stock exchange approves listing of $2.7bn government debt

RIYADH: Saudi Arabia’s stock exchange has approved the listing of SR10 billion ($2.7 billion) worth of government debt submitted by the Ministry of Finance, it said in a statement.

The amount will be used to increase the size of two existing issuances to reach a total of SR19.6 billion and SR12.1 billion, respectively.

The listing and trading of the instruments will start on Apr. 24, Tadawul said in a statement.