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  • 08-06-21

    International bond, exchange traded fund investors to access USD2.5T Saudi market

    (MENAFN)International bond and exchange traded fund investors are going to access the USD2.5 trillion Saudi markets with no need to apply for special status.

    Clearstream, the post-trading services provider of Deutsche Börse Group, is going to connect the Saudi capital market to its network after collaborating with the Securities Depository Center Company (Edaa), a unit of the Saudi Tadawul Group.

    Clearstream is considered the first International Central Securities Depository (ICSD) to create international investors access to the Saudi capital market — home to some of the region’s biggest bond sales.

    It further stated that qualified clients will be given the admission and trade on the Saudi Exchange commencing June 14.

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