Debt Management Center closes October domestic sukuk issuance worth SAR 8.5 bln

Logo of the National Debt Management Center

The National Debt Management Center announced closing the October 2021 domestic issuance under the Saudi Arabian Government SAR-Denominated Sukuk Program.

The issuance size was set at SAR 8.50 billion, and the sukuk issuances were divided into two tranches; the first tranche, with a size of SAR 3.905 billion, matures in 2029, while the second tranche, with a size of SAR 4.595 billion, matures in 2033.