NDMC closes February issuance of Sukuk program at SAR 3.07B

Logo of National Debt Management Center (NDMC)

The National Debt Management Center (NDMC) closed receiving investor orders for its domestic issuance for February 2025, under the Saudi Arabian Government SAR-denominated Sukuk Program.

The total volume allocated was SAR 3.07 billion, NDMC said in a statement today, Feb. 18.

The sukuk issuance was divided into four tranches. The first was valued at SAR 585 million, maturing in 2029; the second is worth SAR 1.70 billion, maturing in 2032; the third amounted to SAR 404 million and will mature in 2036; and the fourth is worth SAR 376 million, maturing in 2039.