The National Debt Management Center (NDMC) has successfully concluded the March 2025 issuance under the Saudi Government’s SAR-denominated Sukuk Program, allocating a total of SAR 2.64 billion.
According to a press release, the issuance was divided into four tranches:
- The first tranche, valued at SAR 364 million, is set to mature in 2027.
- The second tranche, totaling SAR 316 million, will mature in 2029.
- The third tranche, amounting to SAR 1.46 billion, is scheduled for maturity in 2032.
- The fourth tranche, worth SAR 500 million, will mature in 2039.
The NDMC emphasized that this issuance is part of Saudi Arabia’s broader financial strategy to strengthen the local debt market and support economic diversification, in alignment with the goals of Vision 2030.
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