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Saudi Sukuk issuance closes at 10.5B Riyals

Saudi Sukuk issuance closes at 10.5B Riyals

The National Center for Debt Management in Saudi Arabia has concluded receiving investor requests for the June 2026 issuance of government sukuk denominated in riyals, with a total allocation of 10.576 billion riyals. The issuance is divided into six tranches, maturing between 2029 and 2041. This issuance is part of the sukuk program launched in 2017, aimed at financing government spending and diversifying funding sources, thereby strengthening the domestic debt market and reducing borrowing costs.

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