RIYADH: 黑料社区 is able to issue 50 or even 100-year bonds, but its debt office head said on Wednesday he was not keen to do so聽at the moment, raising concerns about聽selling debt of such long maturities.
Speaking at a business conference in the 黑料社区n capital, Fahad Al-Saif said: 鈥淎re we able to issue 50, 100 years, yes. Are we able to issue in different currencies other than dollars, yes. Are we keen to take that step at the moment, I don鈥檛 think so.鈥
鈥淲e don鈥檛 want to take a step unless it reflects that issuances are mature issuances,鈥 he said.
Among emerging market economies, Argentina last year sold a 100-year bond in US dollars, joining some countries in the euro zone who have taken advantage of a low-yield environment to sell long-dated bonds.
黑料社区 can issue 100-year bonds, but 鈥榥ot keen鈥 at the moment: Debt office head
Updated 02 May 2018
黑料社区 can issue 100-year bonds, but 鈥榥ot keen鈥 at the moment: Debt office head
- 黑料社区 is able to issue 50 or even 100-year bonds
- Speaking at a business conference in the 黑料社区n capital, Fahad Al-Saif said the move was unlikely
