{"id":132753,"date":"2024-07-09T22:00:49","date_gmt":"2024-07-09T19:00:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132753"},"modified":"2024-07-16T14:12:02","modified_gmt":"2024-07-16T11:12:02","slug":"saudi-arabia-issues-3-billion-bonds-after-three-year-break","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/saudi-arabia-issues-3-billion-bonds-after-three-year-break\/","title":{"rendered":"Saudi Arabia Issues $3 Billion Bonds After Three-Year Break"},"content":{"rendered":"

This move<\/a><\/strong> comes as Gulf entities leverage favorable market conditions, with Saudi Arabia issuing $12 billion in bonds and $5 billion in sukuk earlier this year. Aramco last issued global debt in 2021, raising $6 billion.<\/p>\n

Aramco, a major revenue source for Saudi Arabia, will declare $124.3 billion in dividends for 2024, primarily benefiting the Saudi government and its Public Investment Fund (PIF).<\/p>\n

Recently, Aramco awarded $25 billion in gas expansion contracts, bought a 10% stake in Renault and Geely\u2019s venture, and agreed to purchase liquefied natural gas from Sempra.<\/p>\n