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Saudi Arabia issues 17.2B riyal sukuk
Saudi Arabia announced the early purchase of a portion of the Ministry of Finance's obligations for the years 2026-2030, totaling approximately 17.1 billion riyals. Additionally, new sukuk were issued worth up to 17.2 billion riyals, distributed across five tranches maturing between 2031 and 2041, aimed at strengthening the local market and managing government debt obligations. Several banks have been appointed as issuance managers for this offering, as part of the government's ongoing efforts to enhance public finances in the medium and long term.
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