Complex Made Simple

New Saudi bond issue to cover debt

Saudi is aiming to access diversified funding to close its budget gap projected last December to reach $53bn in 2017.

This would be its third international bond sale after a $17.5bn debut international bond in 2016 and a $9bn Islamic bond issue in April 2017.

Neuberger Berman’s Eric Knutzen discusses Saudi Arabia’s dollar bond and talks about his investment strategies.