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Saudi euro bond underwhelms despite negative yield

AdobeStock_Saudi_money_575x375_25Feb2020
By Mariam Meskin
25 Feb 2021

Saudi Arabia sold its second euro denominated bond on Wednesday, achieving a negative yield — the first bond of its kind from a Middle East issuer. However, some in the market were underwhelmed with the transaction, which they say is evident in the deal statistics.

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By Mariam Meskin
25 Feb 2021