World2h ago
Saudi Arabia closes September domestic sukuk issuance at $437m
RIYADH: Saudi Arabia allocated SR1.64 billion ($437 million) in its September riyal-denominated sukuk issuance, with the offering split across six tranches maturing between 2029 and 2041. The largest tranche was SR705 million and matures in 2041, while the second-largest was SR650 million, due in 2031, according to the National Debt Management Center. The remaining tranches were SR205 million due in 2029, SR50 million due in 2033, SR25 million due in 2036 and SR5 million due in 2039. Domestic
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