RIYADH, 20th October, 2016 (WAM) — The Ministry of Finance has ended the pricing and allocation of the first offering of international bonds denominated in US dollars as part of the international programme for the issuance of public debt tools, which was newly created.

According to the Saudi Press Agency, SPA, the ministry said, “The total sum of the first offering was 17.5 billion US dollars (65.6 billion Saudi riyals), the total subscription requests for these bonds amounted to $67 billion dollars (251.3 billion Saudi riyals).

WAM/Esraa/Moran