Sunday April 27th, 2025
Download the app
Copied

Saudi Arabia Raises SAR 3.71 Billion Through April 2025 Sukuk Issuance

The National Debt Management Center completed allocations across four tranches under the Saudi Government Sukuk Program.

Scene Now Saudi

Saudi Arabia Raises SAR 3.71 Billion Through April 2025 Sukuk Issuance

Saudi Arabia’s National Debt Management Center (NDMC) has announced the completion of its April 2025 issuance under the Saudi Arabian Government Sukuk Program, securing a total allocation of SAR 3.71 billion.

The sukuk were issued across four tranches. The first tranche raised SAR 1.315 billion and will mature in 2029. The second tranche secured SAR 80 million, with a maturity date in 2032. The third tranche brought in SAR 765 million and will mature in 2036. The fourth and largest tranche raised SAR 1.550 billion, with a scheduled maturity in 2039.

This issuance is part of the NDMC’s broader strategy to support the Kingdom’s Vision 2030 goals by enhancing local debt markets and providing secure investment opportunities for local and international investors.

The Saudi Arabian Government Sukuk Program plays a key role in diversifying funding sources and strengthening the domestic debt market, which has seen consistent growth over recent years.

×

Be the first to know

Download

The SceneNow App
×