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

The National Debt Management Center announces the closure of February 2024 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The Total Amount Allocated was set at SAR 7.874 Bn (Seven billion and eight hundred and forty-seven million Saudi Riyals)

The Sukuk issuance was divided into three tranches as follows:

• The first tranche has a size of SAR 180 Bn (One billion and one hundred and eighty million Saudi Riyals) maturing in (2029).
• The second tranche has a size of SAR 720 Bn (two billion and seven hundred and twenty million Saudi Riyals) maturing in (2034).
• The third tranche has a size of SAR 973 Bn (three billion and nine hundred and seventy-three million Saudi Riyals) maturing in (2039).