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 ​ Closure of the May 2019 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program


5/23/2019
The Ministry of Finance announces that it has closed the May 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 2,840 billion.
The Sukuk issuances were divided into two tranches as follows:
    -  The first tranche has a size of SAR 0.655 billion, and a total tranche size of SAR 2.705 billion, matures in 2028.
    -  The second tranche has a size of SAR 2,185 billion, and a total tranche size of SAR 9,482 billion, matures in 2031.