NDMC Closes September 2024 Issuance Under Saudi Arabian Government SAR-denominated Sukuk Program

The National Debt Management Center announces the closure of the September 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The total amount allocated was SAR 2.603 billion (two billion six hundred and three million Saudi Riyals). The Sukuk issuance was divided into six tranches as follows: The first tranche, with a size of SAR 255 million, matures in 2027. The second tranche, with a size of SAR 375 million, matures in 2029. The third tranche, with a size of SAR 638 million, matures in 2031. The fourth tranche, with a size of SAR 1.021 billion, matures in 2034. The fifth tranche, with a size of SAR 202 million, matures in 2036. The sixth tranche, with a size of SAR 112 million, matures in 2039. Source: Saudi Press Agency