Saudi Arabia closes SAR 1.3 bln domestic sukuk issuance

30/12/2018 Argaam

 

Saudi Arabia’s Ministry of Finance has sold SAR 1.285 billion worth of domestic sukuk under the government’s riyal-denominated sukuk program, it said in a statement on Sunday.

 

The issuance was divided into three tranches:

 

- the first tranche was valued at SAR 2.730 billion, maturing in 2023.

 

- the second tranche was worth SAR 1.435 million, maturing in 2025.

 

- the third tranche was set at SAR 2.370 million, maturing in 2028.

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.