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Source:
الاقتصادية
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Saudi Arabia repays 17.1 billion riyals in debt
The National Center for Debt Management in Saudi Arabia announced the completion of an early buyback of a portion of the Ministry of Finance's obligations for the years 2026 to 2030, amounting to approximately 17.1 billion riyals. This initiative aims to enhance the efficiency of public debt management and support the sustainability of public finances. Concurrently, the Center issued new government sukuk worth nearly 17.2 billion riyals, divided into five tranches maturing between 2031 and 2041. The objective is to develop the local sukuk market and manage debt obligations more effectively. Five chief managers from well-known financial firms have been appointed to oversee the issuance processes.
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