Tue, 21-Oct-2025

Saudi Arabia ends the year with local Sukuk issuance worth $110.5 million

Sukuk

RIYADH: The Saudi government offered denominated Sukuk in Saudi riyals worth SR415 million ($110.5 million) for the December issuance, the National Debt Management Centre announced. The issuance comes under the kingdom’s riyal-denominated Sukuk programme. The first tranche had a size of SR200 million and matures in 2029, while the second tranche was valued at SR215 … Read more

Saudi Arabia closes $1.7 billion Sukuk programme

Saudi Princess

RIYADH: The National Debt Management Center (NDMC) has closed the September 2021 issuance under the Saudi Arabian government’s riyal-denominated Sukuk programme, Arab News reported. The size was set at SR6.675 billion ($1.7 billion), NDMC said in a statement. The issues were divided into three tranches: a SR3.170 billion tranche, which matures in 2029, a SR2.855 … Read more