RIYADH: Saudi Arabia’s National Debt Management Center has closed the issuance of SR1.7 billion ($453 million) SR-denominated sukuk in September. With a total amount of bids received reaching SR7.3 billion, the sukuk offering was divided into three tranches, NDMC said in a statement. The first tranche has a size of SR201 million to mature in 2027, while the second one amounts to SR700 million, maturing in 2032. Lastly, the third is sized at SR800 million and it will mature in 2037.