Saudi Central Bank raises weekly bill issue size to SAR 10 bln

20/12/2020 Argaam

The Saudi Central Bank (SAMA) raised the issue size of its weekly SAMA Bill offering from SAR 3 billion to SAR 10 billion, as of today, Dec. 20, 2020.

 

The move is aimed at enhancing the banks' efficiency in managing liquidity.

 

In October 2016, SAMA decided to reduce the issue size from SAR 9 billion to SAR 3 billion per week.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.