KSA, 20 November, 2024 : The National Debt Management Center (NDMC) has closed the November 2024 issuance under Saudi Arabia's SAR-denominated Sukuk Program, allocating a total of SAR 3.415 billion.
The issuance consists of five tranches: SAR 2.524 billion maturing in 2029, SAR 434 million maturing in 2031, SAR 137 million maturing in 2034, SAR 10 million maturing in 2036, and SAR 310 million maturing in 2039.
This issuance aligns with the Saudi government's strategy to diversify funding sources and support financial market development.
Source : www.mof.gov.sa
Related Posts
Accountants in the UAE are deeply involved in the financial lifecycle of businesses. From structurin...
Read MoreRTC Suite offers a comprehensive e-Invoicing solution designed to streamline tax compliance and inv...
Read More
UAE, 23 December, 2025: The UAE Ministry of Finance has issued Cabinet Decision No. 153 of 2025...
Read More