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Business & Finance

Saudi Arabia sets size of December domestic Sukuk issue at 5.099bn Saudi riyals

Saudi Arabia's Ministry of Finance announced on Tuesday closure of the December 2019 issuance.  The issuance s
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  • Saudi Arabia's Ministry of Finance announced on Tuesday closure of the December 2019 issuance.
  •  The issuance size was set at 5.099 billion Saudi riyals.
  • It raised 159 million riyals in bonds due in 2025, 1.183 billion riyals due in 2030.

CAIRO: Saudi Arabia's Ministry of Finance announced on Tuesday closure of the December 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program.

The issuance size was set at 5.099 billion Saudi riyals.

It raised 159 million riyals in bonds due in 2025, 1.183 billion riyals due in 2030, 663 million riyals in bonds due in 2034 and 3.093 billion riyals with a 2049 maturity.

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