The Kingdom of Saudi Arabia, founded in 1932 and located in the Middle East, serves as a key player in regional and global affairs through its robust economy and influential role in the oil market. The nation is known for its significant oil reserves, which fuel its economy and global energy markets, alongside ventures in non-oil sectors aimed at diversifying its economy.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Saudi Arabia commenced its bond issuance program in 2016, marking a significant step in enhancing its fiscal strategy and funding its Vision 2030 plan. Noteworthy issuances include the 2017 $9 billion bond, which attracted substantial interest from international investors, and subsequent offerings that have utilized innovative features like green bonds to support sustainable projects. Current yields on Saudi bonds remain competitive within the region, reflecting investor confidence despite fluctuations in oil prices and recent geopolitical developments.