Investors bid for more than three times the $3.25 billion that Saudi Arabia raised in sales of dollar bonds Tuesday, the country’s third foray into international debt markets this year.
The kingdom sold $2 billion of Islamic debt maturing in 9 1/2 years and $1.25 billion of 30-year conventional bonds, according to people familiar with the matter. The 30-year notes were priced to yield 3.36%.