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 NDMC closes the February 2024 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program


2/13/2024


The National Debt Management Center announces the closure of February 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 7.874 Bn (Seven billion and eight hundred and forty-seven million Saudi Riyals)

 

The Sukuk issuance was divided into three tranches as follows:

  • The first tranche has a size of SAR 1.180 Bn (One billion and one hundred and eighty million Saudi Riyals) maturing in (2029).
  • The second tranche has a size of SAR 2.720 Bn (two billion and seven hundred and twenty million Saudi Riyals) maturing in (2034).
  • The third tranche has a size of SAR 3.973 Bn (three billion and nine hundred and seventy-three million Saudi Riyals) maturing in (2039).

     

    *Numbers are rounded to the nearest decimal. ​​​​