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Tadawul cancels debt over 2B SAR
Tadawul Saudi Arabia announced the removal of a government debt instrument worth approximately 2.05 billion riyals, following its maturity date, in response to a request from the Ministry of Finance. The cancellation process was carried out after the issuance reached its final redemption date, during which the issuer, the government, is obligated to pay the nominal value to its holders. This necessitated its removal from the active trading list to ensure the accuracy of financial data and to update market records. This step is part of the public debt management procedures and reflects coordination among relevant authorities to maintain transparency and credibility in the Saudi financial market.
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