VOL. XXXI

NO. 46

22-AUGUST-1988

Financial and Banking News

LOANS AND ISSUES

Fifth Saudi Bond Issues Placed

The Saudi Arabian Monetary Agency (SAMA) last week placed its fifth SRl.5bnissue of 'development bonds.' Early indications were that unlike the firstfour issues, which were significantly under-subscribed, the fifth issue has beenwell received by bankers in the Kingdom. One factor which has made the SAMAbonds more attractive is the availability since the beginning of August of arepurchase...