Saudi debt instruments worth SAR 18 bln to debut on Tadawul today

22/04/2018 Argaam Special

 

The listing and trading of SAR 17.9 billion in local-currency government debt instruments will begin on the Saudi Stock Exchange (Tadawul) today.

 

The debt instruments include three investment sukuk, which were issued on Jan. 24 to finance the budget, at a par value of SAR 1 billion 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.

 

Government debt instruments worth SAR 204.4 billion began trading on Tadawul on April 8.

 

Debt Issue Details

Issue number

Value

(SAR bln)

Issuance date

Maturity

date

Profit

 margin

Dividend period

5-1-2018

12.10

Jan. 24  2018

Jan. 24  2023

3.25

Semi-annual

7-1-2018

3.78

Jan.  24

 2018

Jan.  24 2025

3.45 %

Semi-annual

10-1-2018

2.05

Jan.  24 2018

Jan. 24  2028

3.85 %

Semi-annual

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