NDMC closes the May 2022 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

The National Debt Management Center announces the closure of May 2022 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program.

The issuance size was set at SAR 14.953 Bn (Fourteen billion and nine hundred fifty-three million Saudi Riyals).

The Sukuk issuance was divided into three tranches as follows:

The first tranche has a size of SAR 10.055 Bn (Ten billion and fifty-five million Saudi Riyals) maturing in (2032).

The second tranche has a size of SAR 2.184 Bn (Two billion and one hundred eighty-four million Saudi Riyals) maturing in (2037).

The third tranche has a size of SAR 2.715 Bn (Two billion and seven hundred fifteen million Saudi Riyals) maturing in (2049).

*Numbers are rounded to the nearest decimal.