Goldman, JPMorgan Among Primary Dealers in Saudi Local Debt
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Saudi Arabia appointed BNP Paribas SA, Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Standard Chartered Plc as primary dealers in the government’s local debt instruments.
They will join five local banks, Saudi National Bank, Saudi British Bank, Bank AlJazira, Alinma Bank and Al Rajhi Bank to deal with the process, according to a statement on the National Debt Management Center’s website.