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

  • 2/5/2023
  • 08:32
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Riyadh, June 26, 2019, SPA -- The Ministry of Finance announced today that it has closed the June 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 2,744 billion. The Sukuk issuances were divided into three tranches as follows: The first tranche has a size of SAR 1,100 billion, and a total tranche size of SAR 3,248 billion, matures in 2028. The second tranche has a size of SAR 345 billion, and a total tranche size of SAR 9,827 billion, matures in 2031. The Third tranche has a size of SAR 1,299 billion, and a total tranche size of SAR 5,665 billion, matures in 2034. --SPA 21:26 LOCAL TIME 18:26 GMT 0029 www.spa.gov.sa/w1126642

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