The Bank of China assists Saudi Arabia in issuing a $100 billion sovereign bond.

The latest information from the Bank of China shows that recently, the Bank of China, as the only Chinese joint lead underwriter and bookrunner, assisted the Kingdom of Saudi Arabia in pricing and issuing $11.5 billion in sovereign bonds. It is understood that since 2016, the Bank of China has participated in the issuance of Saudi sovereign bonds for the fifth consecutive time. With its globalization advantages, the Bank of China successfully attracted a diversified group of Asian investors including commercial banks, sovereign institutions, and insurance asset managers, leading to Asian investors accounting for over 22% of the total, not only helping Saudi Arabia optimize its investor structure, but also demonstrating the Bank of China's distribution advantage in the Asian market.