Saudi sells SAR 4b of domestic Sukuk

Jeddah

The Kingdom’s finance ministry sold SAR 2.25 billion of five-year Sukuk, SAR 500 million of seven-year Sukuk, and SAR 1.25 billion of 10-year Sukuk.
Saudi Arabia’s ministry of finance has announced the completion of its SAR 4.0 billion domestic Islamic bonds in its monthly auction, according to local newswire, Saudi Press Agency.

The tap issuance brings the total amount of the issuance to SAR 7.46 billion.—Agencies

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