Saudi's NDMC closes February issuance of Sukuk program at SAR 13.2 bln

Logo of the National Debt Management Center 

The National Debt Management Center (NDMC) completed receiving investor applications for its domestic issuance for February, under the Saudi Arabian Government SAR-denominated Sukuk Program.

The issuance size was set at SAR 13.2 billion, NDMC said in a statement.

The issuance is divided into two tranches, the first is valued at SAR 7.528 billion, maturing in 2030, while the second SAR 5.650 billion tranche will mature in 2034.