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Saudi Arabia says raised 3bn euro in bonds

DUBAI: Saudi Arabia's Ministry of Finance said on Wednesday it sold 3 billion euro in bonds split into a 1 billion e
Published July 3, 2019 Updated July 3, 2019 03:13pm
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By Parvez JabriReuters
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DUBAI: Saudi Arabia's Ministry of Finance said on Wednesday it sold 3 billion euro in bonds split into a 1 billion euro eight-year tranche and a 2 billion euro 20-year tranche.

The paper, sold to the market on Tuesday, was Saudi Arabia's first bond issuance denominated in euro.

Copyright Reuters, 2019

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