Saudi Arabia closes September 2019 Issuance under Government SAR-denominated Sukuk Program

Saudi Arabia closes September 2019 Issuance under Government SAR-denominated Sukuk Program

The Ministry of Finance announced Tuesday that it has closed the September 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 8.834 billion. The Sukuk issuances were divided into three tranches as follows: The first tranche has a size of SAR 1.400 billion, and a total tranche...

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