With a value exceeding SAR 25 billion, the National Debt Management Center successfully completed arranging the third early repurchasing transaction of the Kingdom

Riyadh (Wednesday 03/09/2022):

The National Debt Management Center (NDMC) announced the completion of an early redemption of a portion of the Issuer's outstanding bonds and sukuk maturing in 2023, 2024 and 2026 with a total value exceeded SAR 25 billion in addition to an issuance of new Sukuk under the Sukuk Issuance Programme in Saudi Riyal with a total value around SAR 26.2 billion (Twenty-six billion and two hundred million Saudi Riyals). 

This transaction is one of the NDMC's initiatives to unify the Kingdom's domestic issuances under the Sukuk Issuance Programme in Saudi Riyal, that represents the third phase of this initiative which was started in 2020 and it will continue until unifying all domestic debt outstanding.