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Saudi bonds make a splash. Bloombergs mideast finance reporter looked at what is driving demand for the kingdoms debt. Reporter demand is still pretty high from local investors. Always seen in saudi arabia as a result of the spending cuts the government has done, demand in the private sector has dried up. Banks are looking for decent assets to buy. There is a lot of demand for these issues. Only look at when they were around 58 billion riels on the table, this time it was just over 30. We are seeing demand is perhaps not as high as it was last month. We are starting to see interbank rates come up. What they were doing a year ago was sucking all of the equivalency out of the system. There is very little left for the private sector. Anchor does this give us any clues about the governments demands when it to investors later this year . Reporter the saudis has said another international assurances on the card for this year. If we look at the performance of the budget so far, theyve done ve

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