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I doubt anyone in their right mind views a KSA backed bond anywhere near as safe as the US. The only meaningful revenues KSA has is from Aramco, and Aramco onl
by onlyrealcuzzo 7y ago
I doubt anyone in their right mind views a KSA backed bond anywhere near as safe as the US.
The only meaningful revenues KSA has is from Aramco, and Aramco only has 40 years of oil reserves left at current production levels. Their 30 year bonds should have very high yields.