‎NDMC closes May issuance of Sukuk program at SAR 3.2B

‎NDMC closes May issuance of Sukuk program at SAR 3.2B ‎NDMC closes May issuance of Sukuk program at SAR 3.2B

​‎

Logo ofThe National Debt Management Center (NDMC)

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

Advertisement

The total amount allocated stood at SAR 3.232 billion, NDMC said in a statement today, May 21.

The issuance was divided into two tranches. The first is valued at SAR 71 million, maturing in 2029 and the second is worth SAR 3.161 billion and will mature in 2036.

 

Logo ofThe National Debt Management Center (NDMC)

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

The total amount allocated stood at SAR 3.232 billion, NDMC said in a statement today, May 21.

The issuance was divided into two tranches. The first is valued at SAR 71 million, maturing in 2029 and the second is worth SAR 3.161 billion and will mature in 2036.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement