Reported about 1 month ago
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has tapped the bond market for the fourth time this year, raising $2 billion through a three-year sukuk and a green bond. The sukuk's spread was tightened significantly due to strong demand, and the fund's efforts are part of its broader strategy to finance substantial domestic investments, with financing needs projected at $22 billion for 2024.
Source: YAHOO