RIYADH: Saudi Arabia’s debt instruments market surged in the second quarter of the year, led by non-listed corporate debt, which jumped 513.8 percent year on year to SR1.20 billion from roughly SR200 million.

According to the Capital Market Authority’s quarterly statistical bulletin, traded government debt instruments climbed 132.4 percent to SR15.60 billion, compared to SR6.72 billion in the same period of 2024.

This comes as the CMA continues to introduce new investment products and structural reforms to diversify investor portfolios beyond equities. The regulator also published a consultation proposing a framework for special purpose acquisition companies on the Nomu Parallel Market to facilitate private-sector listings and expand investment vehicle options.

“The Saudi financial market posted positive performance across a number of investment instruments by the end of the second quarter of 2025, as investors moved toward diversifying their portfolios and investment products, and not limiting themselves to equities alone, in an effort to maximize returns and reduce risks,” the CMA said.

Individual investment portfolios in the main market rose 11.95 percent to 13.91 million, while the number of individual investors holding these portfolios increased 6.7 percent to 6.90 million. Managed portfolios climbed 29.5 percent to 103,630, with total assets up 9 percent to SR352.60 billion.