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Market
What will be the impact on the European debt market if Saudi Arabia sells its debt holdings by the end of 2024?
3
Resolution / Starting Odds
Significant destabilization • 25%
Moderate impact • 25%
Minimal impact • 25%
No impact • 25%
Financial market analysis reports, statements from European financial authorities
Story
Saudi Arabia Warns G-7 Against Seizing $300 Billion in Russian Assets With Debt Sale Threat
Jul 9, 2024, 02:51 PM
Saudi Arabia has privately warned the Group of Seven (G-7) against seizing nearly $300 billion in frozen Russian assets, threatening to sell some of its European debt holdings in response. The kingdom's finance ministry communicated this potential action to G7 counterparts earlier this year, Bloomberg reported. Although Saudi Arabia holds relatively few European bonds, EU officials are concerned that other countries may follow Riyadh's example, potentially destabilizing the European debt market. The motivation behind Saudi Arabia's threat remains unclear, with speculation about whether it is acting out of solidarity with Russia or self-interest.
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Significant price increase • 25%
Increased market stability • 25%
No significant impact • 25%
Other • 25%
Significant new investments announced • 25%
Existing investments expanded • 25%
No change in investment levels • 25%
Reduction in investments • 25%
Yes • 50%
No • 50%
Significant increase in volatility • 25%
Significant decrease in volatility • 25%
No significant impact • 25%
Other • 25%
Yes • 50%
No • 50%
Relations improve significantly • 25%
Relations remain the same • 25%
Relations worsen • 25%
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Saudi Arabian institutions • 25%
Chinese institutions • 25%
International investors • 25%
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Significant policy change • 25%
Minor policy adjustments • 25%
No impact • 25%
Other • 25%
