NDMC closes April issuance of Sukuk program at SAR 7.4B

24/04/2024 Argaam
Logo ofNational Debt Management Center (NDMC)

Logo of National Debt Management Center (NDMC) 

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

 

The total amount allocated stood at SAR 7.39 billion, NDMC said in a statement today, April 24. 

 

The issuance was divided into three tranches. The first is valued at SAR 2.23 billion, maturing in 2029, the second is worth SAR 1.64 billion and will mature in 2031, while the third is worth SAR 3.51 billion and is set to mature in 2036. 

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