NDMC closes $10bn bond offering, receives over $38bn in bids

RIYADH: Saudi Arabia’s National Debt Management Center has received more than $38 billion in bids for its dollar-denominated bonds issuance, as it announced the completion of receiving investor requests for this year’s first international issuance.

The issuances were made under the Kingdom’s Global Medium-Trust Note Issuance Program, NDMC said in a statement on Wednesday.