Debt instruments worth SAR 9 bln to debut on Tadawul today

04/06/2018 Argaam

 

The listing and trading of SAR 8.95 billion in local-currency government debt instruments will begin on the Saudi Stock Exchange (Tadawul) today.

 

The debt instruments include three investment sukuk, which were issued on April 25, 2018 to finance the budget, at a par value of SAR 1 million with a minimum ownership of SAR 1 million.

 

Investors of all categories, including qualified foreign investors, can trade government debt instruments during the daily trading sessions from 11:30 AM until 3:00 PM, Riyadh time.

  

Debt Issue Details

Issue number

Value

(SAR bln)

Issuance date

Maturity

date

Profit

 margin

Dividend period

5-04-2018

7.15

April 25, 2018

April 25, 2023

3.40%

Semi-annual

7-04-2018

1.10

April 25, 2018

April 25, 2025

3.50%

Semi-annual

10-04-2018

0.70

April 25, 2018

April 25, 2028

3.75%

Semi-annual

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