Riyadh rolls over $3bn as prospects of $10bn US facility wane
Dawn · Khaleeq Kiani ·
Finance minister says proposed US facility not essential, would provide additional support if secured; Saudi facility extended for "reasonable period".
• Aurangzeb says proposed US facility is not essential, would provide additional support if secured
• Further Eurobond, Panda bond and rupee-linked dollar-settled issuances planned
• Govt targets $4bn reduction in external debt