2 Days
Source:
البلاد
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National Debt Center repurchases 17.1b riyals
The National Center for Debt Management in Saudi Arabia announced the early purchase of a portion of the Ministry of Finance's obligations for the years 2026 to 2030, totaling up to 17.1 billion Riyals. Additionally, new sukuk (Islamic bonds) worth approximately 17.2 billion Riyals were issued. This initiative aims to strengthen the domestic market and support the management of government debt obligations, focusing on maturities from 2031 to 2041, with amounts ranging from 1.45 billion to 10.55 billion Riyals. Several banks have been appointed as lead issuing agents to implement the process, as part of efforts to enhance the kingdom's public finances over the medium to long term.
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