The listing and trading of SAR 7.3 billion in local-currency government debt instruments will begin on the Saudi Stock Exchange (Tadawul) today, Feb. 24.

 

These instruments include investment sukuk that were issued on Feb. 20, 2019 to finance the budget, at a par value of SAR 1 million with a minimum ownership of SAR 1 million.

 

Investors of all categories, including qualified foreign investors, can trade government debt instruments during the daily trading sessions from 11:30 AM until 3:00 PM, Riyadh time.

 

Debt Issue Details

Issue number

Value

(SAR bln)

Issuance date

Maturity

date

Profit

 margin

Profit Distribution

12-02-2019

7.297

Feb. 20, 2019

Feb. 20, 2031

4.10%

Semi-annual

 

Comments 0

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website