‎NDMC closes April issuance of Sukuk program at SAR 7.4B

‎NDMC closes April issuance of Sukuk program at SAR 7.4B

Logo design of National Debt Management Center (NDMC)


The National Debt Management Center (NDMC) finished getting financier orders for its domestic issuance for April, under the Saudi Arabian Government SAR-denominated Sukuk Program.

The overall quantity assigned stood at SAR 7.39 billion, NDMC stated in a declaration today, April 24.

The issuance was divided into 3 tranches. The very first is valued at SAR 2.23 billion, growing in 2029, the 2nd deserves SAR 1.64 billion and will develop in 2031, while the 3rd deserves SAR 3.51 billion and is set to grow in 2036.

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