Riyadh – Mubasher: The board of the Saudi Capital Market Authority (CMA) approved the Finance Ministry’s request to list debt instruments issued by the Saudi government.
The total value of debt notes amounts to SAR 240.38 billion, according to CMA’s statement on Sunday.
The decision is part of CMA's “Financial Leadership 2020” programme in a bid to accomplish the Saudi Vision 2030.
This move will help develop the debt instrument market, in addition to introducing financial instruments that serve the needs of different investors, the statement added.
Debt instruments are divided into notes with floating rate with a total number of 13 issuances, notes with fixed rate with 20 issuances and Saudi government sukuk with 12 issuances.
