NDMC closes January issuance of Sukuk program at SAR 3.7B

Logo of National Debt Management Center (NDMC) 

The National Debt Management Center (NDMC) completed receiving investor orders for its domestic issuance for January 2025, under the Saudi Arabian Government SAR-denominated Sukuk Program.

The total volume allocated was SAR 3.724 billion, NDMC said in a statement.

The Sukuk issuance was divided into four tranches.

The first is valued at SAR 1.255 billion maturing in 2029; the second is worth SAR 1.405 billion, maturing in 2032; the third amounted to SAR 1.036 billion and will mature in 2036 and the fourth is worth SAR 28 million, maturing in 2039.