NDMC closes January issuance of Sukuk program at SAR 3.46 bln

24/01/2023 Argaam
Logo of the National Debt Management Center

Logo of the National Debt Management Center


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

  

The issuance size was set at SAR 3.46 billion, with the total orders amounting to nearly SAR 8.83 billion, NDMC said in a statement.

 

The issuance is divided into two tranches, the first is valued at SAR 1.26 billion, maturing in 2030. The second is valued at SAR 2.20 billion and will mature in 2035. 

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.