The National Center for Debt Management in Saudi Arabia announced yesterday, Tuesday, the completion of receiving investor requests for its local issuance for the month of July 2021 under the Saudi government's sukuk program in Saudi riyals.< /p>
The size of the issue was determined at a total amount of 10.412 billion riyals ($2.77 billion).
According to the statement issued by the center, the issuances were divided into two tranches, the first amounting to 6.462 billion riyals for sukuk maturing in 2031, while the second tranche amounted to 3.950 billion riyals for sukuk maturing in The year 2035.
This version comes within the annual borrowing plan for the year 2021 announced by the National Center for Debt Management at the beginning of the fiscal year through its website, through which it reviews its local issuance schedule to match the days The work of the international market in relation to announcements of issue and settlement dates.
