State Street Global launches ETF in European markets to trade in Saudi bonds

Logo of State Street Global Advisors

State Street Global Advisors launched an exchange-traded fund (ETF) that will offer European investors access to Saudi Arabian government bonds.

The fund will list on the London Stock Exchange and the Deutsche Börse and aims to track the new JPMorgan Saudi Arabia Aggregate Index.

The fund will provide exposure to liquid, dollar-denominated and Saudi riyal-denominated government and quasi-government bonds, including sukuk bonds.