Riyadh
The Saudi Stock Exchange (Tadawul) has developed, in collaboration with IHS Markit, a broader local currency-denominated benchmark index, iBoxx Tadawul SAR Government Sukuk & Bond Index, and iBoxx Tadawul SAR Government Sukuk Index Series, which is divided into maturity sub-indices.
The indices provide transparency to the Saudi local currency and Saudi Government Sukuk and Bond market performance, Tadawul said in a recent statement. —Zawya News