Saudi SWF Receives Order for Over $20 Billion for its U.S. Dollar Denominated Debt Bond Sale
Posted on 01/22/2024
Saudi Arabia’s Public Investment Fund (PIF) received orders for over US$ 20 billion for its U.S. dollar-denominated triple-tranche bond sale. The PIF gave an initial guidance for the issuance of around 150 basis points over U.S. Treasuries for its 5-year bonds, 175 basis points over U.S. Treasuries for its 10-year bonds, and 235 bps over…
