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
RIYADH: The Saudi government issued SR13.18 billion ($3.5 billion) in its SAR-denominated sukuk program for February, the National Debt Management Center announced on Tuesday. The sukuk issuance was divided into two tranches. The first tranche had a size of SR7.5 billion and it will mature in 2030. The second tranche valued at SR5.6 billion will mature in 2034. The program was
RIYADH: The Saudi government offered sukuk denominated in Saudi riyals worth SR2.83 billion ($755 million) in its first issuance for the year 2022, the National Debt Management Center announced on Tuesday. The issuance comes under the Kingdom’s riyal-denominated sukuk program. The first tranche had a size of SR1.25 billion and matures in 2030 while the second tranche was
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