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Saudi Arabia’s National Debt Management Center (NDMC)won two Global Capital Bond Awards for the year 2021. It was recognized as the “Best Sovereign Issuer of Debt Instruments in the Middle East” and the “Best Issuer of Debt Instruments in Emerging Markets”.
This coronation comes for the second time in a row, as the center won the two awards in the past year 2020, NDMC said in a statement.
This successive reflects NDMC’s performance during this period, and its tolerance to unprecedented levels of market and commodity fluctuations, and the instability of the global economy, especially in light of the repercussions of the Corona pandemic.
It also shows NDMC’s ability to quickly respond to the global economic fluctuations, and to make decisions under unstable conditions, and support Which the center enjoys by the Ministry of Finance in light of the financial policies that contribute to enhancing the stability of the financial and economic situation of the Kingdom.
The Global Capital Bond Awards honor the achievements of governments and companies of all sizes in the field of sovereign and regional finance, banking services, hedge funds, wealth and asset management, and real estate assets, among other areas within the financial services sector.
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