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Saudi Arabia draws $67 billion demand for first international bond

Reuters India Wednesday, 19 October 2016 ()
DUBAI/LONDON (Reuters) - Saudi Arabia attracted massive investor demand of about $67 billion on Wednesday for its first international bond offer, as the world's top crude exporter allayed concern about the impact of low oil prices on its finances.
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News video: Pricing for Saudi Arabia’s First International Bond Sale

Pricing for Saudi Arabia’s First International Bond Sale 05:12

Oct. 19 -- Richard Segal, senior analyst at Manulife Asset Management, discusses Saudi Arabia’s first international bond sale and economic outlook for the country overall. He speaks with Guy Johnson and Caroline Hyde on “Bloomberg Markets: European Open.”

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