Saudi Arabia closes two trenches of SR-dominated Sukuk totaling $1.5bn in June

The first tranche has a size of SR2.86 billion to mature in 2030, while the second one amounts to SR2.58 billion, maturing in 2034. (Supplied)
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Updated 22 June 2022
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Saudi Arabia closes two trenches of SR-dominated Sukuk totaling $1.5bn in June

RIYADH: Saudi Arabia’s National Debt Management Center has closed the issuance of SR5.44 billion ($1.5 billion) SR-denominated Sukuk in June.

In a statement, the office, known as NDMC, said the Sukuk offering was divided into two tranches.

The first tranche has a size of SR2.86 billion to mature in 2030, while the second one amounts to SR2.58 billion, maturing in 2034.