FTSE Russell has launched the FTSE Saudi Arabian Government Bond Index to measure the performance of fixed-rate, local currency government bonds. The index will cover sukuk and non-sukuk government bonds with at least one year to maturity and a minimum amount outstanding of SAR 1 billion. This will provide investors with visibility into local SAR-denominated government market, aligned with Saudi’s Vision 2030 strategy of capital markets development. For further details, please click here.
