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Bond Issue

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Bond Issue
A set of bonds that a company or government offers for sale. That is, when one sells bonds to the public (or offers them for private placement) the collection of those bonds is said to be an issue. If the company or government is selling a set for the first time, it is said to be making a new issue. Typically, bond issues may be bought and sold on the open market, although there are many non-tradable bonds.
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This is a groundbreaking transaction, representing the bank's first bond issue in Saudi Riyals.
GIB plans Saudi riyal bonds by Saudi Economic Survey
Byline: Arthur Macdonald MANAMA: Gulf International Bank (GIB) has raised two billion Saudi riyals ($533 million) through a three times oversubscribed bond issue which was launched in Saudi Arabia.
$533m raised in GIB's bond issue by Gulf Daily News (Manama, Bahrain)
GIB's Saudi Riyal bond issue is the first bond issue by a financial institution in the Kingdom of Saudi Arabia in 2009.
GIB raises $533 million through bond issue by CPI Financial
 
 
 
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