Saudi Minister Says Future Borrowing May Include Islamic Bonds

Updated on
  • Size of possible sukuk sale depends on the need: Assaf
  • First international bond sale was well-received by investors

Ibrahim al-Assaf.

Photographer: Tomoriho Ohsumi/Bloomberg

Saudi Arabia may follow its first international debt issuance with an Islamic bond sale, Finance Minister Ibrahim al-Assaf said, as the kingdom seeks to diversify borrowing sources.

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