The Ministry of Finance announces that it has closed the December 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 5.099 billion. The Sukuk issuances were divided into three tranches as follows: The first tranche has a size of SAR 159 million and a total tranche size of SAR 574 billion, matures in 2025. The second tranche has a size of SAR 1.183 billion, and a total tranche size of SAR 837 billion, matures in 2030. The third tranche has a size of SAR 663 million, and a total tranche size of SAR 134 billion, matures in 2034. The fourth tranche has a size of SAR 3.093 billion, and a total tranche size of SAR 708 billion, matures in 2049.