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Blog entry by FintEdu Admin

NDMC Concludes July 2024 SAR-Denominated Sukuk Issuance

KSA, 24 July, 2024 : The National Debt Management Center (NDMC) has successfully closed the July 2024 issuance of the Saudi Arabian Government SAR-denominated Sukuk Program, allocating a total of SAR 3.211 billion.

The issuance was divided into five tranches:

1. SAR 612 million, maturing in 2029.

2. SAR 159 million, maturing in 2031.

3. SAR 961 million, maturing in 2034.

4. SAR 1.253 billion, maturing in 2036.

5. SAR 226 million, maturing in 2039.

Source : www.mof.gov.sa

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