Saudi Arabia closes SAR3bn domestic sukuk issuance
Saudi Arabia’s Ministry of Finance has sold SAR3.25bn worth of domestic sukuk under the government’s riyal-denominated sukuk program, it said in a statement. The issuance was divided into three tranches the first tranche was valued at SAR2.33bn, maturing in 2023. The second tranche, which matures in 2025, was worth SAR360mn. The final tranche matures in 2028 and is worth SAR560mn.
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