Riyadh: The National Debt Management Center has concluded the September 2024 issuance of the Saudi Arabian Government’s SAR-denominated Sukuk Program.
The total amount allocated was SAR 2.603 billion.
The Sukuk issuance was divided into six tranches:
- First tranche: SAR 255 million, maturing in 2027.
- Second tranche: SAR 375 million, maturing in 2029.
- Third tranche: SAR 638 million, maturing in 2031.
- Fourth tranche: SAR 1.021 billion, maturing in 2034.
- Fifth tranche: SAR 202 million, maturing in 2036.
- Sixth tranche: SAR 112 million, maturing in 2039.