Saudi Arabia to see second local sukuk issuance for the year

  • 2/14/2022
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RIYADH: The Saudi government will issue its second Saudi riyal-denominated sukuk for the year on Monday. The local issuance comes amid rising demand for both international and domestic fixed income markets that provide safe and guaranteed returns. Countries are resorting to fixed income instruments to settle budget obligations in a bid to fuel economic recovery and ease pandemic repercussions.

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