NDMC closes June issuance of Sukuk program at SAR 4.4B

Logo of The National Debt Management Center 

The National Debt Management Center completed today, June 25, receiving investor orders for its domestic issuance for June, under the Saudi Arabian Government SAR-denominated Sukuk Program.

 

The total volume of subscription applications amounted to around SAR 8.65 billion, while the total volume allocated was SAR 4.41 billion, it said in a statement.

 

The Sukuk issuance was divided into three tranches. The first is valued at SAR 1.6 billion maturing in 2027; the second is worth SAR 53 million, maturing in 2031; and the third amounted to SAR 2.76 billion and will mature in 2034.

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