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
