NDMC Closes the February 2022 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

  • 2/5/2023
  • 02:39
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Riyadh, February 15, 2022, SPA -- The National Debt Management Center (NDMC) has announced the closure of February 2022 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 13.178 Bn (Thirteen Billion and one hundred seventy-eight Million Saudi Riyals). In a statement to Saudi Press Agency (SPA), the Sukuk issuance was divided into two tranches as follows: - The first tranche has a size of SAR 7.528 Bn (Seven Billion and five hundred twenty-eight Million Saudi Riyals) maturing in (2030). - The second tranche has a size of SAR 5.650 Bn (Five Billion and six hundred fifty Million Saudi Riyals) maturing in (2034). --SPA 20:46 LOCAL TIME 17:46 GMT 0027 www.spa.gov.sa/w1691994

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