Categories: Business

Saudi Arabia’s NDMC closes October issuance of sukuk program at $832m


Tue, 2022-10-18 21:25

RIYADH: Saudi Arabia’s National Debt Management Center has closed the issuance of SR3.12 billion ($832 million ) riyal-denominated sukuk in October.

The total value of bids stood at SR700 million, NDMC said in a statement issued on Tuesday. The sukuk offering was divided into three tranches. The first tranche has a size of SR300 million maturing in 2029, while the second amounts to 300 million maturing in 2032. The third tranche has a size of SR100 million, maturing in 2037.

Main category:
Business & Economy



Source link

gulftimes

Recent Posts

Saudi Arabia, Turkey and Pakistan sign defence agreement

Furthermore, the Saudis will be keenly aware of last year's Israeli strikes on Doha, targeting…

2 hours ago

Moment earthquake shakes hospital operating room in Japan

Newly-released security camera footage shows the moment last month's magnitude 6.8 quake shook Kumamoto General…

11 hours ago

Israel charges settler over killing of Palestinian involved in Oscar-winning West Bank film

Israeli prosecutors have charged a settler over the killing of a Palestinian activist in the…

23 hours ago

Artificial Intelligence used to design brand new viruses

Viruses are not alive and it would take another significant leap for AI to generate…

24 hours ago

Houthi attacks reportedly kill at least 30 Yemeni government forces

At least 30 Yemeni government troops are reported to have been killed in Houthi rebel…

1 day ago

Rights groups say Israeli attack that killed Lebanese journalist an apparent war crime

Two human rights groups have said an Israeli attack in southern Lebanon that killed al-Akhbar…

1 day ago