Skip to main content

Blog entry by FintEdu Admin

NDMC Completes SAR 11.6 Billion Sukuk Issuance for December 2024

KSA, 25 December, 2024 : The National Debt Management Center (NDMC) has successfully closed its December 2024 issuance under the Saudi Arabian Government’s SAR-denominated Sukuk Program, with a total allocation of SAR 11.598 billion.

The issuance was divided into four tranches:

  • SAR 5.585 billion maturing in 2027
  • SAR 3.907 billion maturing in 2029
  • SAR 706 million maturing in 2031
  • SAR 1.4 billion maturing in 2034

The issuance aims to support the Saudi government’s funding needs while diversifying its debt instruments.

Source :  www.mof.gov.sa

Total Views : 104 | Share on

Related Posts

KSA, 3 June, 2025 : The Zakat, Tax and Customs Authority (ZATCA) is urging all taxpayers to tak...

Read More

KSA, 15 May, 2025 : On Wednesday, May 14, 2025, a delegation from Oman’s Ministry of Finance ...

Read More

KSA, 13 May, 2025 : Saudi Arabia and the United States are strengthening their nearly century-o...

Read More