Saudi issues SAR7.67 billion domestic sukuk in March

Cairo: Saudi Arabia’s National Debt Management Center closed on Tuesday its local issuance for March, 2021 of the kingdom’s sukuk, or Islamic bonds, programme at a total of 7.674 billion riyals ($2.05 billion), Saudi state news agency (SPA) said.

The issuance was divided into two tranches, the first amounting to 2.710 billion riyals maturing in 2028, while the second amounted to 4.964 billion maturing in 2031.