Saudi Arabia Sees $10 Billion Lift From Joining Bond Indexes

The head of Saudi Arabia’s securities exchange said the inclusion of its domestic bonds in two global indexes could draw billions of dollars of fresh money to the local debt...

By Laura Gardner Cuesta, Olga Voitova · Bloomberg Markets

The head of Saudi Arabia’s securities exchange said the inclusion of its domestic bonds in two global indexes could draw billions of dollars of fresh money to the local debt market, boosting the kingdom’s efforts to attract overseas capital for its economic overhaul.