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 3.72 billion, NDMC said in a statement today, Jan. 21.

The Sukuk issuance was divided into four tranches. The first was valued at SAR 1.25 billion, maturing in 2029; the second is worth SAR 1.40 billion, maturing in 2032; the third amounted to SAR 1.03 billion and will mature in 2036; and the fourth is worth SAR 28 million, maturing in 2039.