An oil tank at Saudi Aramco’s Shaybah oilfield in Saudi Arabia. Photo: Reuters An oil tank at Saudi Aramco’s Shaybah oilfield in Saudi Arabia. Photo: Reuters
An oil tank at Saudi Aramco’s Shaybah oilfield in Saudi Arabia. Photo: Reuters
Bonds

Saudi Aramco’s panda bond may be an endangered deal as market’s small size hinders fundraising by oil giants, bankers say

  • While Saudi Aramco has listed the yuan as a potential fund-raising currency for a debt issuance, bankers say the market size could hinder the deal
  • Year-to-date issuance of panda bonds is down 50 per cent compared to 2018, though some analysts see it picking up in 2021

Topic |   Bonds
An oil tank at Saudi Aramco’s Shaybah oilfield in Saudi Arabia. Photo: Reuters An oil tank at Saudi Aramco’s Shaybah oilfield in Saudi Arabia. Photo: Reuters
An oil tank at Saudi Aramco’s Shaybah oilfield in Saudi Arabia. Photo: Reuters
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