Saudi Aramco Dollar Bond Order Book in Excess of $100Billion

The transcript discusses the influence of low interest rates by the Fed and Europe on the search for yield among investors. It highlights the high demand for Saudi Aramco bonds and the general trend of falling yields in Saudi Arabia's sovereign debt market, despite existing political risks.

What is one of the main reasons for the search for yield in the bond market?

• High inflation rates

• Low interest rates by the Fed

• Strong economic growth

• Increased government spending

What is the impact of Europe's negative rates on the bond market?

• Increased search for yield

• Decreased bond issuance

• Higher interest rates

• Stable bond prices

What is a notable trend in Saudi Arabian sovereign debt?

• Stable yields

• Increasing yields

• Decreasing demand

• Falling yields to the lowest levels in over a year

What is the market's reaction to the Saudi Aramco bond offering?

• Demand overwhelming the $15 billion offer

• Moderate interest

• Complete disinterest

• Lack of interest

Despite what factor is there still interest in Saudi Arabian sovereign debt?

• High inflation

• Political risks

• Economic recession

• Currency devaluation