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Saudi Arabia issues $2 75bn sukuk in March, Kingdom s debt offices reports

RIYADH: Saudi Arabia’s National Debt Management Center has closed the March 2022 issuance of Saudi riyal-denominated sukuk, valued at SR10.3 billion ($2.75 billion). The issuance is divided into two tranches. The first tranche has a size of SR3.5 billion maturing in 2030, while the second tranche has a size of SR6.8 billion and matures in 2034. The new issuance is part of the

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