Saudi Arabia closes February $840 mln sukuk program
Published 17 Feb,2021 via Arab News - Economy JEDDAH - The Saudi National Debt Management Center said on Wednesday that it has closed the February 2021 issuance under the government’s riyal-denominated sukuk program.
The issuance size was fixed at SR3.16 billion ($840 million), the Ministry of Finance said in a statement.
Sukuk issuances were divided into two tranches, with the first of SR1.930 billion set to mature in 2028. The second tranche of SR1.230 billion is scheduled to mature in 2033.
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Arab News