NDMC Concludes SAR 3.724 Billion Sukuk Issuance for January 2025

KSA, 24 January, 2025 : The National Debt Management Center (NDMC) has successfully concluded the January 2025 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program, allocating a total amount of SAR 3.724 billion.

The issuance was divided into four tranches:

• The first tranche, valued at SAR 1.255 billion, will mature in 2029.
• The second tranche, valued at SAR 1.405 billion, will mature in 2032.
• The third tranche, valued at SAR 1.036 billion, will mature in 2036.
• The fourth tranche, valued at SAR 28 million, will mature in 2039.

This issuance is part of NDMC’s ongoing efforts to strengthen the Kingdom’s financial ecosystem and diversify funding sources. It aligns with Saudi Arabia’s Vision 2030 objectives by enhancing the development of the domestic debt market and providing investment opportunities for local and international investors.

The successful allocation underscores the continued confidence in the Kingdom’s economic stability and fiscal policies. NDMC remains committed to leveraging debt instruments to support Saudi Arabia’s economic growth and financial sustainability.