Finance ministry sets issuance size of November SAR-denominated Sukuk at SAR 795 mln

27/11/2020 Argaam


The Ministry of Finance closed the November 2020 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program.

The issuance size was set at SAR 795million divided into two tranches, the ministry said in a statement on Friday.

The first tranche has a size of SAR 200 million and a total tranche size of SAR 982.6 million, maturing in 2027, while the second tranche has a size of SAR 595million, and a total tranche size of SAR 14.56 billion, maturing in 2030.


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