Riyadh – Mubasher: The listing and trading of government debt instruments is a new phase of development in the Saudi Stock Exchange (Tadawul), bourse CEO Khalid Al Hussan said at a press conference on Sunday.
Earlier on Sunday, around SAR 204.39 billion in Saudi government debt instruments were listed and commenced trading on Tadawul.
The listing of these instruments will deepen the sukuk and bond market as well as increase traded value in the second market, Al Hussan highlighted.
He further noted that these instruments would increase the attractiveness of government debt instruments for both the government and investors alike.
The Saudi bourse is constantly seeking to diversify its investment options for investors, in line with the Saudi Vision 2030, Al Hussan added.
Denominated in Saudi riyals, instruments comprised float-rate debt instruments, fixed-rate debt instruments, and sukuk.
