Saudi Arabia's National Debt Management Center closed on Tuesday its local issuance for May 2021 of the government's Saudi riyal-denominated sukuk, or Islamic bonds, program at a total of 3.53 billion riyal ($941.36 million), the finance ministry said.
The issuance was divided into two tranches; the first, amounting to 3.305 billion riyal, matures in 2028. The second amounted to 225 million riyal and matures in 2033.
($1 = 3.7499 riyals)
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May 26, 2021 at 02:42AM
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Saudi Arabia closes May sukuk program at 3.53 billion riyal -ministry - Reuters
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