Should I buy the Saudi Aramco bond?

This article is a good read as it provides the overview of Aramco and the whole bond issuance situation:

https://www.bloomberg.com/news/articles/2019-04...

But all in all, below are the key points:

1) It's a state-owned company (a.k.a like Temasek)

2) Demand for it's bonds are 10 times higher than expected

3) It's the most profitable company in the world

4) International banks are managing the sale of the bonds (JPMorgan and Morgan Stanley are managing the bond sale along with Citigroup Inc., Goldman Sachs Group Inc., HSBC Holdings Plc, and NCB Capital Co.) so as to have a pie of the share should Aramco were to set out its IPO one day

5) Fitch and Moody's rating agency assigned Aramco the fifth-highest investment-grade rating, the same as Saudi sovereign debt, but lower than oil majors Exxon Mobil Corp., Royal Dutch Shell Plc and Chevron Corp.

Hello!

The Saudi Aramco bond allow investors to invest in the Saudi economy without taking on any additional political or governance risk. Apart from a strong credit rating from Moody (A1 issue rating), Aramco has minimal debt relative to cash flow, large scale of production, market leadership and access to world's largest hydrocarbon reserves. As such investors view the Saudi Aramco bond as a safe bet at an attractive price. Aramco alone contributes to 45% of Saudi Arabia's GDP, 90% of country's export revenue and 80% budget revenue.

Saudi Aramco is one of the largest oil exploring and producing companies in the world. It is nearly as big as Venezuela's oil reserves as a whole, bigger than Canada's oil reserves and several times larger than its global corporate competitors such as BP, ExxonMobil, PetroChina and Rosneft.

TLDR: The bonds are a low risk way to get exposure.