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Tadawul approves 9.5B riyal sukuk listing

Tadawul approves 9.5B riyal sukuk listing

Tadawul Saudi Arabia has approved the listing of government debt instruments totaling 9.518 billion Riyals, encompassing five issuances. This initiative is part of efforts to develop the local debt market in Saudi Arabia. These issuances are distributed across different segments with maturities ranging from 2031 to 2041, aiming to expand the government's financing tools, deepen the secondary market, and improve trading efficiency. This contributes to providing a regular channel for financing government needs, diversifying debt instruments, and supporting sustainable government financing while strengthening the local capital market.

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