The Ministry of Finance of China announced on Tuesday (November 5) that it will issue USD sovereign bonds in Saudi Arabia this month.
The Ministry of Finance of China said on the official website that it will issue USD sovereign bonds on Liade on November 11, 2024, with a scale of not more than 2 billion US dollars (S $ 2.6 billion).The specific issuance arrangements will be announced separately before the issuance.
According to the official website of the Ministry of Foreign Affairs, Saudi Arabia is China's largest trading partner in the Middle East.The bilateral trade volume of Zhongsha reached 107.23 billion US dollars in 2023, and in the first half of 2024, 53.98 billion US dollars,
