Saudi Arabia Plans to Sell First International Bond

The transcript discusses the upcoming Saudi bond issue, expected after the Fed meeting on September 21st. A roadshow is anticipated by the end of September, with terms and pricing finalized in early October. The issue could exceed $10 billion, depending on investor interest. The discussion highlights the quiet summer in the bond market and questions whether investor appetite remains strong, especially given Saudi Arabia's economic challenges and reforms. The Middle East bond market is seeing a buildup of issuance, with countries like Bahrain, Egypt, and Kuwait planning to raise funds to address funding gaps caused by lower oil prices.

What challenges does Saudi Arabia face in the current economic environment?

Which other countries are mentioned as having mandated banks for bond issuance?