The National Debt Management Center announces that it has closed the July 2021 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 10.412 billion (ten billion and four hundred and twelve million Saudi Riyals).
The Sukuk issuances were divided into two tranches as follows:
The first tranche has a size of SAR 6.462 billion (six billion and four hundred and sixty-two million Saudi Riyals), matures in (2031).
The second tranche has a size of SAR 3.950 billion (three billion and nine hundred and fifty million Saudi Riyals), matures in (2035).