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Finance Office continues to add longer timelines in the government's performance curve
The Public Debt Management Office of the Ministry of Finance has today completed the first public issuance of the Kingdom's history with a term of 15 years, adding an additional term of 3 years to the issue last month and five more years compared to the 2018 issue.
The issue, divided into two segments, 10 and 15 years, was a great success, especially in the 15-year-old segment, which accounted for 61% of the total issue.
The 15-year issue is a new benchmark for privatized exporters of government and the private sector, thanks to which they can be guided by return rates, coupled with market demand (in addition to conventional bank loans) , which will provide a new source of funding in the Kingdom's economy, and the need for such funding that can be used to support and fund long-term projects such as infrastructure projects, projects and projects. mortgage loans, etc.
The Public Debt Office is the first public issue in the history of the Kingdom due 15 years
Already electronic newspaper
previously
2019-03-26
The Public Debt Management Office of the Ministry of Finance has today completed the first public issuance of the Kingdom's history with a term of 15 years, adding an additional term of 3 years to the issue last month and five more years compared to the 2018 issue.
The issue, divided into two segments, 10 and 15 years, was a great success, especially in the 15-year-old segment, which accounted for 61% of the total issue.
The 15-year issue is a new benchmark for privatized exporters of government and the private sector, thanks to which they can be guided by return rates, coupled with market demand (in addition to conventional bank loans) , which will provide a new source of funding in the Kingdom's economy, and the need for such funding that can be used to support and fund long-term projects such as infrastructure projects, projects and projects. mortgage loans, etc.
March 26, 2019 – 19 Rajab 1440
The time now is 11:30
Finance Office continues to add longer timelines in the government's performance curve
The Public Debt Management Office of the Ministry of Finance has today completed the first public issuance of the Kingdom's history with a term of 15 years, adding an additional term of 3 years to the issue last month and five more years compared to the 2018 issue.
The issue, divided into two segments, 10 and 15 years, was a great success, especially in the 15-year-old segment, which accounted for 61% of the total issue.
The 15-year issue is a new benchmark for privatized exporters of government and the private sector, thanks to which they can be guided by return rates, coupled with market demand (in addition to conventional bank loans) , which will provide a new source of funding in the Kingdom's economy, and the need for such funding that can be used to support and fund long-term projects such as infrastructure projects, projects and projects. mortgage loans, etc.
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