‎NDMC closes July Sukuk Program at SAR 5.3B

‎NDMC closes July Sukuk Program at SAR 5.3B ‎NDMC closes July Sukuk Program at SAR 5.3B

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Logo ofNational Debt Management Center (NDMC)

The National Debt Management Center (NDMC) closed receiving investor orders for its domestic issuance for July, under the Saudi Arabian Government SAR-denominated Sukuk Program.

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The total volume allocated was SAR 5.3 billion, NDMC said in a statement today, July 22.

The issuance was divided into five tranches: the first was valued at SAR 3.8 billion, maturing in 2031; the second at SAR 515 million, maturing in 2033; the third at SAR 204 million, maturing in 2036, the fourth at SAR 300 million, maturing in 2039; and the fifth at SAR 500 million, maturing in 2041.

 

Logo ofNational Debt Management Center (NDMC)

The National Debt Management Center (NDMC) closed receiving investor orders for its domestic issuance for July, under the Saudi Arabian Government SAR-denominated Sukuk Program.

The total volume allocated was SAR 5.3 billion, NDMC said in a statement today, July 22.

The issuance was divided into five tranches: the first was valued at SAR 3.8 billion, maturing in 2031; the second at SAR 515 million, maturing in 2033; the third at SAR 204 million, maturing in 2036, the fourth at SAR 300 million, maturing in 2039; and the fifth at SAR 500 million, maturing in 2041.

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