The National Debt Management Center announces the closure of November 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 3.415Bn (three billion and four hundred and fifteen million Saudi Riyals)
The Sukuk issuance was divided into five tranches as follows:
- The first tranche has a size of SAR 2.524 Bn (two billion and five hundred and twenty-four million Saudi Riyals) maturing in (2029).
- The second tranche has a size of SAR 434 Mn (four hundred and thirty-four million Saudi Riyals) maturing in (2031)
- The third tranche has a size of SAR 137 Mn (one hundred thirty-seven million Saudi Riyals) maturing in (2034)
- The fourth tranche has a size of SAR 10 Mn (ten million Saudi Riyals) maturing in (2036)
- The fifth tranche has a size of SAR 310 Mn (Three hundred and ten million Saudi Riyals) maturing in (2039)