Global equity benchmarks and oil prices rose while US Treasury bonds dipped on Wednesday as investors weighed the likelihood of further US stimulus under the incoming Biden administration against worsening coronavirus outbreaks in China and the
Saudi Arabia raised $5 billion in a dual-tranche bond sale with tenors of 12 and 40 years, a document showed, as it seeks to plug a large fiscal deficit. The kingdom sold $2.75 billion in 12-year bonds at 130 basis points (bps) over 10-year US Treasuries
China’s Alibaba Group Holding plans to raise at least $5 billion through the sale of a US dollar-denominated bond this month, four people with knowledge of the matter said, amid regulatory scrutiny of co-founder Jack Ma’s empire.
Malaysia’s Petronas said on Wednesday it raised $6 billion by a multi-tranche senior bond offering, the state oil company’s first such sale in five years.
Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, and National Bonds, the UAE Sharia-compliant savings and investment company, owned by the Investment