The National Debt Management Center announces the closure of January 2025 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 3.724 Bn (three billion and seven hundred and twenty-four million Saudi Riyals)
The Sukuk issuance was divided into four tranches as follows:
- The first tranche has a size of SAR1.255 Bn (one billion and two hundred and fifty-five million Saudi Riyals) maturing in (2029).
- The second tranche has a size of SAR 1.405 Bn (one billion and four hundred and five million Saudi Riyals) maturing in (2032)
- The third tranche has a size of SAR 1.036 Bn (one billion and thirty-six million Saudi Riyals) maturing in (2036)
- The fourth tranche has a size of SAR 28Mn (twenty-eight million Saudi Riyals) maturing in (2039)