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NDMC Concludes Feb. 2025 Sukuk Issuance under Saudi SAR Program
The National Debt Management Center (NDMC) has successfully completed the February 2025 issuance under the Saudi Arabian Government’s SAR-denominated Sukuk Program, with a total allocation of SAR 3.071 billion (three billion and seventy-one million Saudi riyals).
The issuance was structured into four tranches:
- First tranche: SAR 585 million (five hundred and eighty-five million Saudi riyals), maturing in 2029.
- Second tranche: SAR 1.706 billion (one billion and seven hundred and six million Saudi riyals), maturing in 2032.
- Third tranche: SAR 404 million (four hundred and four million Saudi riyals), maturing in 2036.
- Fourth tranche: SAR 376 million (three hundred and seventy-six million Saudi riyals), maturing in 2039.
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