Saudi Arabia sells $5 bln in sukuk and bonds, sets $1 bln for ‎bond buyback

A disclosure to the London Stock Exchange showed today, Wednesday, that Saudi Arabia has set one billion dollars as the maximum amount accepted in a tender to buy back bonds due between 2023 and 2026.

According to “Reuters”, Saudi Arabia raised five billion dollars through the sale of sukuk and conventional bonds in two tranches on Tuesday, in its first international bond sale in nearly a year.