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Saudi Arabia’s first international debt sale has generated so much interest from Asian investors


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 $15B initial auction as early as October, FT reports. The demand comes as low interest rates in mature economies prompt investors to pour money into developing markets at a record pace, overlooking the risks in some of the world’s least stable economies.

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