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Published on 7/2/2009 in the Prospect News Emerging Markets Daily.

Saudi Arabia's Arab National Bank buys $1 million of bonds due 2016

By Devika Patel

Knoxville, Tenn., July 2 - Arab National Bank said it acquired $1 million of its $451 million in bonds due 2016.

The Riyadh, Saudi Arabia-based joint stock company may make more bond purchases in the future.


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