The listing and trading of SAR 7.3 billion in local-currency government debt instruments will begin on the Saudi Stock Exchange (Tadawul) today, Feb. 24.
These instruments include investment sukuk that were issued on Feb. 20, 2019 to finance the budget, at a par value of SAR 1 million with a minimum ownership of SAR 1 million.
Investors of all categories, including qualified foreign investors, can trade government debt instruments during the daily trading sessions from 11:30 AM until 3:00 PM, Riyadh time.
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Debt Issue Details |
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|
Issue number |
Value (SAR bln) |
Issuance date |
Maturity date |
Profit margin |
Profit Distribution |
|
12-02-2019 |
7.297 |
Feb. 20, 2019 |
Feb. 20, 2031 |
4.10% |
Semi-annual |
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