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.
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