Saudi Arabia issues $3.5 bn in SAR-denominated sukuk program for February

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

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