Saudi Arabia Bond ETF Launches in Europe for Diversified Access

State Street Global Advisors (SSGA) has introduced a new exchange-traded fund (ETF) designed to provide European investors with access to Saudi Arabian government bonds.

The SPDR JPMorgan Saudi Arabia Aggregate Bond Ucits ETF, domiciled in Ireland, invests in liquid, dollar-denominated, and Saudi riyal-denominated government and quasi-government debt, including sukuk bonds. This marks the first dedicated Saudi Arabia fixed-income Ucits ETF available in Europe.

The ETF tracks the JPMorgan Saudi Arabia Aggregate Index, developed in partnership with SSGA, and is registered for sale across major European markets, including France, Germany, Italy, Spain and the UK. It is tradable on the Frankfurt and London stock exchanges, and features a total expense ratio of 0.37%.

By offering cost-effective access to Saudi Arabia’s expanding fixed-income market, the ETF appeals to international investors seeking diversified exposure to themes such as energy transition and infrastructure growth. Saudi Arabia’s bond market has seen significant expansion in recent years, fuelled in part by Vision 2030, a national initiative to diversify the country’s economy, society and culture.

The ETF’s launch underscores growing interest in Saudi Arabia’s financial landscape. Franklin Templeton recently introduced a Saudi Arabia-focused bond strategy and equity ETF for European investors, reflecting the increasing competition in the region.

SSGA, the world’s fourth-largest money manager with over USD 4.7 trillion in assets under management, adds this ETF to its portfolio, further cementing its position in global markets.