Saudi Wealth Fund Sells First Dollar Bonds Since Iran War

The Public Investment Fund booth at the Future Investment Initiative conference in Riyadh.Photographer: Tasneem Alsultan/Bloomberg

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By Olga Voitova

May 7, 2026 at 8:22 AM UTC

Updated on

May 7, 2026 at 8:07 PM UTC

Saudi Arabia’s Public Investment Fund saw strong demand for its $7 billion sale of dollar bonds, a sign that investors are keen on the return of Gulf issuers to public markets after disruptions during the Iran conflict.

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