Finance ministry sets September domestic sukuk issuance size at SAR 1.2 bln

18/09/2020 Argaam


The National Debt Management Center announced closing the September 2020 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program.

 

The issuance size was set at SAR 1.24 billion divided into two tranches, the Ministry of Finance said in a statement.

 

The first tranche has a size of SAR 130 million and a total tranche size of SAR 9.1 billion, maturing in 2024. The second tranche has a size of SAR 1.12 billion, and a total tranche size of SAR 7.62 billion, maturing in 2032.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.