The National Debt Management Center announces the closure of March 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 4.441 Bn (four billion and four hundred and forty one million Saudi Riyals)
The Sukuk issuance was divided into three tranches as follows:
· The first tranche has a size of SAR 203mn (two hundred and three million Saudi Riyals) maturing in (2029).
· The second tranche has a size of SAR 3,697Bn (three billion and six hundred and ninety seven million Saudi Riyals) maturing in (2034).
· The third tranche has a size of SAR 540mn (five hundred and forty million Saudi Riyals) maturing in (2039).
*Numbers are rounded to the nearest decimal.