The National Debt Management Center announces the closure of May 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 3.232 Bn (three billion and two hundred and thirty-two million Saudi Riyals)
The Sukuk issuance was divided into two tranches as follows:
The first tranche has a size of SAR 71 million (seventy-one million Saudi Riyals) maturing in (2029).
The second tranche has a size of SAR 3.161 Bn (three billion and one hundred and sixty-one million Saudi Riyals) maturing in (2036).
*Numbers are rounded to the nearest decimal.