NDMC closes May issuance of sukuk program at SAR 2.42B

Logo of National Debt Management Center (NDMC)

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

 

The total amount allocated stood at SAR 2.42 billion.

 

The issuance was divided into five tranches. The first totaled SAR 348 million, maturing in 2031, while the second was valued at SAR 35 million, maturing in 2033.

 

The third tranche was valued at SAR 1.01 billion and will mature in 2036, followed by a fourth one worth SAR 1.01 billion, maturing in 2039. The last tranche totaled SAR 10 billion and will mature in 2041.

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