Investors traded SAR 60 mln gov’t debt instruments yesterday

12/04/2018 Argaam

 

Investors on Wednesday traded six government debt instruments in six transactions at SAR 10 million each, data compiled by Argaam showed.

 

The listing and trading of SAR 204.39 billion in local-currency government debt instruments began on the Saudi Stock Exchange (Tadawul) on Apr. 8, Argaam reported.

 

Tadawul listed 45 primary and secondary debt instruments, comprising a broad range of government development bonds, floating rate bonds, and Saudi government sukuk, with a value of SAR 204 billion and SAR 385 billion, and maturity dates ranging between five, seven, and ten years.

 

The Ministry of Finance has listed debt instruments on Tadawul as part of its initiatives to develop the domestic debt market, in accordance with Vision 2030.

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