The National Debt Management Center announces the closure of July 2023 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program.
The total amount of all bids received was SAR 2.637Bn. The total amount allocated was set at SAR 2.637Bn (Two billion and six hundred and thirty-seven million Saudi Riyals).
The Sukuk issuance was divided into two tranches as follows:
– The first tranche has a size of SAR 2.412 Bn (Two billion and four hundred and twelve million Saudi Riyals) maturing in (2033).
– The second tranche has a size of SAR 225 Mn (Two hundred and twenty-five million Saudi Riyals) maturing in (2037).
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NDMC closes the July 2023 issuance under Saudi govt SAR-denominated sukuk program
