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KM Financial Solutions | UPDATE 1-Saudi bonds outpace most Gulf sovereigns after VAT hike
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UPDATE 1-Saudi bonds outpace most Gulf sovereigns after VAT hike

10 May UPDATE 1-Saudi bonds outpace most Gulf sovereigns after VAT hike

Posted at 12:10h in News by
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Saudi government bonds rallied
more than most other Gulf sovereigns on Monday in response to
austerity measures announced by the country’s finance minister,
including a tripling of the value-added tax rate.

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