Saudi Arabia’s first international debt sale has generated so much interest from Asian investors that the kingdom is weighing a full pipeline of bonds to follow a $15bn initial auction as early as October, according to bankers briefed on the sale.
The clamour for Saudi sovereign debt, which could be the largest emerging market issuance in history, comes as record-low interest rates in mature economies has prompted investors to pour money into developing markets at a record pace, overlooking the risks in some of the world’s least stable economies.
“We are seeing massive, massive demand,” said one banker of the Saudi debt. “Asian banks are throwing around billion-dollar numbers.”
您已阅读23%（684字），剩余77%（2353字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。