“SRC” launches the first issuance of securities backed by housing financing
The Saudi Real Estate Re -Finance Company (SRC), which is affiliated with the Public Investment Fund, launched the first securities supported by residential real estate financing (RMBS) in a move aimed at developing the real estate financing market in the Kingdom and enhancing its attractiveness for local and foreign investments." target ="_Blank"> Money markets and enhancing liquidity in the real estate financing sector, by finding a new category of assets for the first time in the Saudi market; To contribute to deepening the financial markets and diversifying investment tools through the elimination of residential real estate financing." target ="_Blank"> With residential real estate financing – Investors have qualitative opportunities to invest in high-quality credit assets and a medium entitlement duration, as this process was carried out within organizational frameworks and tight controls, which reflects the maturity of the investment environment in the Kingdom, and enhances investor confidence in the local financial markets, and supports the stability of the financial sector in the long term. In strengthening liquidity in the Real estate financing and expanding the base of investors and enabling the financing authorities to manage capital and risks with greater efficiency, as it contributes to deepening the financial markets and diversifying the national economy, as it is a first step in attracting local and international investors. Housing, and the Public Investment Fund).
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