On September 18, 2024, the National Debt Management Center announced the successful closure of its September 2024 issuance under the Saudi Arabian Government's SAR-denominated Sukuk Program. The total amount raised through this issuance was SAR 2.603 billion (two billion six hundred and three million Saudi Riyals).
This Sukuk issuance was structured into six distinct tranches:
The first tranche, valued at SAR 255 million, is set to mature in 2027.
The second tranche, amounting to SAR 375 million, will mature in 2029.
The third tranche, with a total of SAR 638 million, matures in 2031.
The fourth tranche, which totals SAR 1.021 billion, is due in 2034.
The fifth tranche, valued at SAR 202 million, will mature in 2036.
The sixth tranche, sized at SAR 112 million, is scheduled to mature in 2039.