NDMC Closes August 2024 Issuance Under Saudi Arabian Government SAR-denominated Sukuk Program

The National Debt Management Center announces the closure of August 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 6.018 billion. The Sukuk issuance was divided into five tranches as follows: The first tranche has a size of SAR 2.818 billion, maturing in 2029. The second tranche has a size of SAR 1.992 billion, maturing in 2031. The third tranche has a size of SAR 152 million, maturing in 2034. The fourth tranche has a size of SAR 415 million, maturing in 2036. The fifth tranche has a size of SAR 642 million, maturing in 2039 Source: Saudi Press Agency