PIF launches sale of USD-denominated bonds: report

Public Investment Fund’s (PIF) logo, the fund launches sale of USD-denominated bonds

Saudi Arabia’s Public Investment Fund (PIF) launched the sale of 10-year USD-denominated bonds, Reuters reported, citing IFR.

 

The initial price guidance for the notes was set at about 120 basis points (bps) over US Treasuries, the agency added.

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