Saudi Arabia issues 2.833 bln riyal in domestic sukuk in January - NDMC

Saudi Arabia issued 2.833 billion riyal ($755.10 million)domestic sukuk, or Islamic bonds, for the month of January, the kingdom's National Debt Management Center said on Tuesday. The issuance was split into two tranches; the first, amounting to 1.248 billion riyal, matures in 2030. The second amounted to 1.585 billion riyal and matures in 2034. ($1 = 3.7518 riyals)

Reuters | Riyadh | Updated: 19-01-2022 00:17 IST | Created: 19-01-2022 00:15 IST

Saudi Arabia issues 2.833 bln riyal in domestic sukuk in January - NDMC — Representative image Image Credit: Twitter(@SaudiNDMC)

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Saudi Arabia

Saudi Arabia issued 2.833 billion riyal ($755.10 million)domestic sukuk, or Islamic bonds, for the month of January, the kingdom's National Debt Management Center said on Tuesday. The issuance was split into two tranches; the first, amounting to 1.248 billion riyal, matures in 2030. The second amounted to 1.585 billion riyal and matures in 2034.

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