Arab News, Wednesday, Aug 24, 2022 | Muharram 26, 1444
Saudi Arabia’s NDMC closes August issuance of sukuk program at $820m
Saudi Arabia: Saudi Arabia’s
National Debt Management Center has closed the issuance of SR3.09 billion ($820
million) SR-denominated sukuk in August.
The total value of bids stood at nearly SR5.08
billion, said NDMC in a statement.
The sukuk offering was divided into three
The first tranche has a size of SR1.69 billion
maturing in 2027, while the second amounts to SR1.3 billion, which will mature
The third tranche has a size of SR100 million,
maturing in 2034.