Muhammad Khalid Al-Khenifar assured Al-Jazeera that Aramco's bonds have received amazing popularity among the asset managers who bought 59% of the $ 12 billion issue.
Al-Khunaifir pointed out that there is new liquidity for the first time that we see it coming for Saudi issuances, pointing out that the most important characteristic of these investors is that they focus on a specific class of assets with an investment classification.
He mentioned that the high demand for Aramco bonds contributed positively to the repricing of the yield curve for Saudi Arabia bonds in general.
Aramco bonds, the global oil giant owned by the Saudi government, achieved a huge number with the total subscription requests for its first issuance of international bonds, where the value exceeded $ 100 billion. >
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