NDMC closes July Sukuk Program at SAR 5B

Logo of The National Debt Management Center (NDMC) 

The National Debt Management Center (NDMC) closed receiving investor orders for its domestic issuance for July, under the Saudi Arabian Government SAR-denominated Sukuk Program.

 

The total volume allocated was SAR 5.02 billion, NDMC said in a statement today, July 15.

 

The issuance was divided into four tranches: the first was valued at SAR 776 million, maturing in 2029; the second at SAR 1.34 billion, maturing in 2032; the third at SAR 823 million, maturing in 2036; and the fourth at SAR 2.08 billion, maturing in 2039.

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