Financial and Banking News
LOANS And ISSUES
New Saudi, Kuwaiti Bonds Issued
The Saudi Arabian Monetary Agency (SAMA) last week made its seventh issue of"development bonds". Banks made their bids for the SR1.5bn issue on 12September and settlement is due on l9 September. The bond issues have followed aregular fortnightly pattern for SR1.5bn each, although observers note that thebanks' appetite for the paper has not apparently exceeded 75% of the offeredamount...