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 Closure of the January 2021 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

1/20/2021

The National Debt Management Center announces that it has closed the January 2021 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 2,955 billion (two billion and nine hundred fifty-five million SAR).

The Sukuk issuances were divided into two tranches as follows:

 

  • The first tranche has a size of SAR 2,075 billion (two billion and seventy-five million SAR) and a total tranche size of SAR 2,075 billion (two billion and seventy-five million SAR), matures in 2028.
  • The second tranche has a size of SAR 880 million (eight hundred eighty million SAR), and a total tranche size of SAR 880 million (eight hundred eighty million SAR), matures in 2033.

 

*Numbers are rounded to the nearest decimal.​

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Last Update : 1/20/2021 3:28 PM