The National Debt Management Center announces the closure of January 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 8.825 Bn (eight Billion and eight hundred and twenty-five million Saudi Riyals)
The Sukuk issuance was divided into three tranches as follows:
- The first tranche has a size of SAR 3.656 Bn (Three billion and six hundred and fifty-six million Saudi Riyals) maturing in (2029).
- The second tranche has a size of SAR 2.822 Bn (two billion and eight hundred and twenty-two million Saudi Riyals) maturing in (2034).
- The third tranche has a size of SAR 2.347 Bn (two billion and three hundred and forty-seven million Saudi Riyals) maturing in (2039).