Home > Salary > Saudi Arabia > Underwriter Municipal Bonds
An underwriter in municipal bonds is responsible for assessing the creditworthiness and risk associated with issuing bonds for local governments and other public entities. They evaluate the financial health, debt levels, and repayment capacity of these entities, and determine the interest rates at which the bonds can be sold to investors. Underwriters also help structure the bond issuances, including determining the maturity dates, coupon rates, and other terms. They collaborate with investment bankers, financial advisors, and legal teams to ensure compliance with regulatory requirements and market conditions. Additionally, underwriters may assist in marketing the bonds to potential investors and provide ongoing support throughout the bond issuance process. This occupation requires strong analytical skills, knowledge of financial markets, and an understanding of government finance.
Estimated Yearly Salary: 266,278 SAR
Estimated Monthly Salary: 22,190 SAR
Estimated Weekly Salary: 5,121 SAR per week
Estimated Hourly Salary: 128 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 21,452 SAR
Estimated Weekly Salary: 4,950 SAR per week
Estimated Hourly Salary: 124 SAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 66,617 USD
Estimated Monthly Salary: 5,551 USD
Estimated Weekly Salary: 1,281 USD per week
Estimated Hourly Salary: 32 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 266,278 SAR
Estimated Monthly Salary: 22,190 SAR
Estimated Weekly Salary: 5,121 SAR per week
Estimated Hourly Salary: 128 SAR per hour
By working as Underwriter Municipal Bonds a person can save up to 4,448 USD per month or 53,374 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Underwriter Municipal Bonds
United Arab Emirates is 118,427 USD
78%
Details on Underwriter Municipal Bonds salary in United Arab Emirates
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Municipal Bonds salary in Saudi Arabia
Average Yearly Salary of Underwriter Municipal Bonds in Saudi Arabia is approximately 266,278 SAR (66,617 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Underwriter Municipal Bonds do?

Skills: underwriter, municipal bonds, credit analysis, risk assessment, bond issuance, financial markets
Job industry: Finance
Job industry: Finance
How much does Underwriter Municipal Bonds make?
Salary details
How much does Underwriter Municipal Bonds make?Estimated Yearly Salary: 266,278 SAR
Estimated Monthly Salary: 22,190 SAR
Estimated Weekly Salary: 5,121 SAR per week
Estimated Hourly Salary: 128 SAR per hour
Comparing salary to last year:
Estimated Yearly Salary: 257,424 SAREstimated Monthly Salary: 21,452 SAR
Estimated Weekly Salary: 4,950 SAR per week
Estimated Hourly Salary: 124 SAR per hour
Underwriter Municipal Bonds estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 66,617 USD
Estimated Monthly Salary: 5,551 USD
Estimated Weekly Salary: 1,281 USD per week
Estimated Hourly Salary: 32 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Municipal Bonds job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Underwriter Municipal Bonds in Saudi Arabia earns on average:
2.57 times the average salary (or 257% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Municipal Bonds job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Underwriter Municipal Bonds in Saudi Arabia earns on average:
2.57 times the average salary (or 257% of average salary).
Is Underwriter Municipal Bonds a well paid job?
Yes, our data show that Underwriter Municipal Bonds is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriter Municipal Bonds?
High salary for Underwriter Municipal Bonds would be somewhere between 292,906 SAR and 386,103 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Municipal Bonds in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 266,278 SAR
Estimated Monthly Salary: 22,190 SAR
Estimated Weekly Salary: 5,121 SAR per week
Estimated Hourly Salary: 128 SAR per hour
By working as Underwriter Municipal Bonds a person can save up to 4,448 USD per month or 53,374 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Underwriter Municipal Bonds

Details on Underwriter Municipal Bonds salary in United Arab Emirates
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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Salary details presented on optisalary.com are intended for reference use exclusively. Our data comes from various sources and may not always be up to date. Users should verify salary information independently before making financial decisions. The figures listed here may fluctuate due to factors such as location, industry standards, and individual skill sets. We do not warrant that the information provided is error-free. By using optisalary.com, you accept that salary information is presented 'as is' and without assurances.