NDMC closes October sukuk issuance at SAR 6.75B

The National Debt Management Center (NDMC) closed investor orders for its October domestic issuance under the Saudi Arabian Government SAR-denominated Sukuk Program, allocating SAR 6.749 billion, the center said in a statement today, Oct. 20. 
 The issuance was divided into four tranches. The first, valued at SAR 265 million, will mature in 2031. The second totaled SAR 2.735 billion and will mature in 2033.

The third tranche amounted to SAR 3.446 billion and will mature in 2036, while the fourth totaled SAR 302 million, maturing in 2039.