Debt instruments worth SAR 3.47 bln to debut on Tadawul today

30/07/2018 Argaam

 

The listing and trading of SAR 3.47 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 July 25 to finance the budget, at a par value of SAR 1 million with a minimum ownership of SAR 1 million.

 

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

July 5, 2018

2.10

July 25, 2018

July 25, 2023

3.50% 

Semi-annual

July 7, 2018

0.96

July 25, 2018

July 25, 2025

3.62 %

Semi-annual

July 10, 2018

0.40

July 25, 2018

July 25, 2028

3.80 %

Semi-annual

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.