The National Debt Management Center has announced the completion of receiving applications from investors for the local issuance in April 2025 within the Saudi Arabian government’s Sukuk program in Saudi Riyals. The total allocation amount has been set at SAR 3.710 billion.
According to the statement issued by the center, the issuances have been divided into four tranches. The first tranche amounted to SAR 1.315 billion for Sukuk maturing in 2029, the second tranche was SAR 80 million for Sukuk maturing in 2032, the third tranche was SAR 765 million for Sukuk maturing in 2036, and the fourth tranche was SAR 1.550 billion for Sukuk maturing in 2039.
