Saudi Arabia closes December domestic sukuk issuance
Saud Arabia’s ministry of finance said on Tuesday (Dec 24) that it has closed its December 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program.
The issuance was set at 5.099 billion riyals ($1.36 billion).
The ministry sold sukuk worth 159 million riyals that will mature in 2025, 1.183 billion riyals due in 2030, 663 million riyals maturing in 2034, and 3.093 billion riyals due in 2049.
($1 = 3.75 Saudi riyals)
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