Logo of The National Debt Management Center (NDMC)
The National Debt Management Center (NDMC) completed the order book for its domestic issuance for September, under the Saudi Arabian Government SAR-denominated Sukuk Program.
Total allocations amounted to SAR 8.04 billion, while the value of total subscription requests reached SAR 11.2 billion, NDMC said in a statement today, Sept. 16.
The issuance was divided into five tranches. The first tranche totaled SAR 1.24 billion, maturing in 2027, while the second reached SAR 1.05 billion, maturing in 2029.
The third tranche was valued at SAR 795 million and will mature in 2032, followed by a fourth tranche of SAR 1.27 billion, maturing in 2036. The fifth and largest tranche amounted to SAR 3.67 billion, with maturity set for 2039.
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