NDMC closes the January 2024 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

The National Debt Management Center announces the closure of January 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 8.825 Bn (eight  Billion and eight  hundred and twenty-five million Saudi Riyals)

The Sukuk issuance was divided into three tranches as follows:

• The first tranche has a size of SAR 3.656 Bn (Three billion and six hundred and fifty-six million Saudi Riyals) maturing in (2029).
• The second tranche has a size of SAR 2.822 Bn (two billion and eight hundred and twenty-two million Saudi Riyals) maturing in (2034).
• The third tranche has a size of SAR 2.347 Bn (two billion and three hundred and forty-seven million Saudi Riyals) maturing in (2039).