Saudi Arabia issues $2.6bn worth of riyals-denominated Sukuk in April

RIYADH: Saudi Arabia’s National Debt Management Center issued SR9.98 billion ($2.6 billion) worth of riyals-denominated Sukuk in April.

In a statement, the office, known as NDMC, said the Sukuk issuance was divided into two tranches as follows:

• The first tranche has a size of SR6.402 billion maturing in 2032
• The second tranche with a size of SR3.580 billion maturing in 2037

 

The National Debt Management Center announces the closure of April 2022 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program with a total size of SAR 9.982 Bn https://t.co/jnVceY3B65

— المركز الوطني لإدارة الدين - NDMC (@SaudiNDMC) April 19, 2022