NDMC closes May issuance of Sukuk program at SAR 3.2B

21/05/2024 Argaam
Logo ofThe National Debt Management Center (NDMC)

Logo of The National Debt Management Center (NDMC)

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

 

The total amount allocated stood at SAR 3.23 billion, NDMC said in a statement today, May 21.  

 

The issuance was divided into two tranches. The first is valued at SAR 71 million, maturing in 2029. The other is worth SAR 3.16 billion and will mature in 2036. 

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