NDMC closes April issuance of sukuk program at SAR 16.9B

NDMC says it received SAR 16.95 billion in total bids

The National Debt Management Center (NDMC) completed the order book for its April issuance, under the Saudi Arabian Government SAR-denominated Sukuk Program.

 

The total amount allocated stood at SAR 16.95 billion.

 

The issuance was divided into five tranches. The first totaled SAR 563 million, maturing in 2031, while the second was valued at SAR 3.03 billion, maturing in 2033.

 

The third tranche was valued at SAR 5.67 billion and will mature in 2036, followed by a fourth one worth SAR 2 billion, maturing in 2039. The last tranche totaled SAR 5.68 billion and will mature in 2041.

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