Saudi's NDMC closes March issuance of Sukuk program at SAR 10.4 bln

15/03/2022 Argaam
Logo of the National Debt Management Center

Logo of the National Debt Management Center 

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

  

The issuance size was set at SAR 10.38 billion, NDMC said in a statement.

 

The issuance is divided into two tranches, the first is valued at SAR 3.575 billion, maturing in 2030, while the second SAR 6.8 billion tranche will mature in 2034.

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