The National Debt Management Center announces the closure of July 2022 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 2.930 Bn (Two billion and nine hundred thirty million Saudi Riyals).
The Sukuk issuance was divided into two tranches as follows:
- The first tranche has a size of SAR 480 Mn (Four hundred eighty million Saudi Riyals) maturing in (2030).
- The second tranche has a size of SAR 2.450 Bn (Two billion and four hundred fifty million Saudi Riyals) maturing in (2034).