SAMA raises weekly bill offering to SAR 10bn

Riyadh – Mubasher: The Saudi Central Bank (SAMA) said it will increase the issue size of its weekly SAMA bill offering from SAR 3 billion to SAR 10 billion.

The move comes in a bid to enhance banks' efficiency in managing liquidity, according to a statement on Sunday.

The decision shall be effective as of 20 December 2020.

 

Mubasher Contribution Time: 20-Dec-2020 10:31 (GMT)
Mubasher Last Update Time: 20-Dec-2020 10:33 (GMT)