Saudi PIF Sets Three-part Dollar Bond Spreads as Demand Tops $21.6 Bln

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Read original at Asharq Al-Awsat

6 thoughts on “Saudi PIF Sets Three-part Dollar Bond Spreads as Demand Tops $21.6 Bln

  1. $21.6 billion in demand for a Saudi bond is insane. Shows investors still have huge appetite for PIF even with oil volatility.

  2. Three-part dollar bond is smart—lets them target different maturities. But I wonder if the spreads are wide enough to attract real money vs. just speculation.

  3. PIF keeps loading up on debt. Hope they’re using it for Vision 2030 projects and not just propping up the budget.

  4. Interesting that demand topped $21.6B despite global rate hikes. Guess the PIF’s AAA rating still carries weight.

  5. Wish we got more details on the tranches—like the size and final spread for each. The article from Asharq Al-Awsat is too brief.

  6. I’m skeptical. These bonds are essentially sovereign-guaranteed, so of course demand is high. Let’s see how they perform in secondary markets.

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