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.saRelated Posts
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