The Saudi Real Estate Refinance Company (SRC), the mortgage finance giant owned by the Kingdom’s sovereign wealth fund, the Public Investment Fund (PIF), is considering an international bond issuance this year, possibly in the US, its CEO told Arab News. The SRC issued an SR4 billion ($1.07 billion) domestic sukuk — the Islamic equivalent of a bond — last month, designed to provide liquidity to the Kingdom’s housing market. CEO ...