Saudi's NDMC closes April issuance of Sukuk program at SAR 9.98 bln

19/04/2022 Argaam
Logo of the National Debt Management Center

Logo of the National Debt Management Center 

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

  

The issuance size was set at SAR 9.98 billion, NDMC said in a statement.

 

The issuance is divided into two tranches, the first is valued at SAR 6.402 billion, maturing in 2032, while the second SAR 3.580 billion tranche will mature in 2037.

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