Saudi Arabia to sell bond while signaling caution on borrowing

Saudi Arabia is starting 2026 with a new bond issue even as it has indicated a preference to slow borrowing over the coming year.

The kingdom plans to sell notes with maturities ranging from three to 30 years, with the size of the issue and final terms likely to be announced soon, Bloomberg reports.

Earlier, the National Debt Management Center said it plans to slow international bond sales in 2026, targeting about $14 billion to $20 billion, a level that would be the lowest since 2022. 

The agency’s borrowing plan points to a more cautious approach after several years of heavy borrowing in global markets, Bloomberg said. 

The move comes as the kingdom manages budget pressures from lower oil income while continuing to fund its economic diversification drive.  Riyadh’s benchmark Tadawul All Share Index dropped 1.8% on Sunday to its lowest point in more than two years.