International bond, exchange traded fund investors to access USD2.5T Saudi market

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( MENAFN )International bond and exchange traded fund investors are going to access the USD2.5 trillion Saudi markets with no need to apply for special status.

Clearstream, the post-trading services provider of Deutsche Börse Group, is going to connect the Saudi capital market to its network after collaborating with the Securities Depository Center Company (Edaa), a unit of the Saudi Tadawul Group.

Clearstream is considered the first International Central Securities Depository (ICSD) to create international investors access to the Saudi capital market — home to some of the region’s biggest bond sales.

It further stated that qualified clients will be given the admission and trade on the Saudi Exchange commencing June 14.

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