Higgins: Saudi Bonds A Risk That Maybe Worth Considering

Bloomberg Video
Higgins: Saudi Bonds A Risk That Maybe Worth Considering
October 19 -- Saudi Arabia told investors how much it’s willing to pay on its debut international bond sale to help finance a budget deficit that ballooned to the widest in more than two decades as oil prices collapsed, according to people familiar with the matter. The government aims to sell dollar-denominated bonds due in five years for about 160 basis points over similar maturity U.S. Treasuries, 10-year notes at a spread of 185 basis points and 30-year securities at 235 basis points, the people said, asking not to be identified because the information is private. Coutts & Company Chief Investment Officer Alan Higgins discusses with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."
Sorry you didn't like this comment. Please provide a reason below.

Are you sure?
Rating failed. Try again.
Request failed. Try again.
We will promote constructive and witty comments to the top, so everyone sees them!
Sorry, we can’t load comments right now. Try again.