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 Closure of the September 2020 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

9/17/2020
The National Debt Management Center announces that it has closed the September 2020 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 1,245 billion (one billion and two hundred and forty-five million SAR).

The Sukuk issuances were divided into two tranches as follows:
  • The first tranche has a size of SAR 130 million (one hundred and thirty million SAR) and a total tranche size of SAR 9,100 billion (nine billion and one hundred million SAR), matures in 2024.
  • The second tranche has a size of SAR 1,115 billion (one billion and one hundred and fifteen million SAR), and a total tranche size of SAR 7,615 billion (seven billion and six hundred and fifteen million SAR), matures in 2032.




*Numbers are rounded to the nearest decimal.


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Last Update : 9/20/2020 3:33 PM