RIYADH: Saudi Arabia’s National Debt Management Center has announced the completion of investor subscriptions for the first international bond issuance of 2026, conducted under the Kingdom’s international bond program.
Total subscription requests reached approximately $31 billion, representing a coverage ratio of 2.7 times the total issuance size of $11.5 billion, equivalent to SR43.13 billion. The issuance was divided into four tranches.
The first tranche amounted to $2.5 billion, equivalent to SR9.38 billion, for three-year bonds maturing in 2029.
The second tranche totaled $2.75 billion, equivalent to SR10.31 billion, for five-year bonds maturing in 2031.
The third tranche also amounted to $2.75 billion, equivalent to SR10.31 billion, for 10-year bonds maturing in 2036.
The fourth tranche amounted to $3.5 billion, equivalent to SR13.13 billion, for 30-year bonds maturing in 2056.
The transaction was carried out in line with the recently announced annual borrowing plan, which aims to diversify the investor base and efficiently meet the Kingdom’s financing needs through global debt markets.
The strong demand from international investors for Saudi government debt instruments reflects confidence in the strength of the Kingdom’s economy.
