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 Closure of the October 2020 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

10/25/2020

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The National Debt Management Center announces that it has closed the October 2020 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 270 million (two hundred and seventy million SAR).

The Sukuk issuances were divided into two tranches as follows:

The first tranche has a size of SAR 235 million (two hundred and thirty five million SAR) and a total tranche size of SAR 782.8 million (seven hundred and eighty two million and eight hundred thousand SAR), matures in 2027.


The second tranche has a size of SAR 35 million (thirty five million SAR), and a total tranche size of SAR 7,650 billion (seven billion and six hundred and fifty million SAR), matures in 2032.

*Numbers are rounded to the nearest decimal.​



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Last Update : 10/26/2020 1:59 PM