VOL. XXXI
NO.41
18-JULY-1988
Financial and Banking News
LOANS AND ISSUES
SAMA Issues Third Series of Bonds, Riyal Devaluation Denied
The Saudi Arabian Monetary Agency (SAMA) on 9 July offered a third SR1.5bn($400mn) issue of "development bonds". me bonds were offered in one tofive-year maturities and follow two previous offerings of SRl.5bn each on 11and 25 June, with yields ranging from 8.05% for one-year maturities to 8.55% fortwo years, 8.75% for three years, 8.95% for four years and 9.15% for...
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