NDMC closes March issuance of Sukuk program at SAR 2.6B

The National Debt Management Center (NDMC) closed receiving investor orders for its domestic issuance for March 2025, under the Saudi Arabian Government SAR-denominated Sukuk Program.

The total volume allocated was SAR 2.64 billion, NDMC said in a statement today, March 18.

The sukuk issuance was divided into four tranches. The first was valued at SAR 364 million, maturing in 2027; the second is worth SAR 316 million, maturing in 2029; the third amounted to SAR 1.46 billion and will mature in 2032; and the fourth was valued at SAR 500 million, maturing in 2039.