Saudi Arabia closes June 2025 issuance of sukuk program at $627.8 million.
The National Debt Management Center (NDMC) in Saudi Arabia announced the closure of June 2025 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The total amount allocated was set at SAR2.355 billion ($627.8 million).
The sukuk issuance was divided into five tranches as follows: the first tranche has a size of SAR25 million maturing in 2027; the second tranche has a size of SAR1.175 billion maturing in 2029; the third tranche has a size of SAR500 million maturing in 2032; the fourth tranche has a size of SAR5 million maturing in 2036; and the fifth tranche has a size of SAR650 million maturing in 2039.
The National Debt Management Center is a cornerstone of Saudi Arabia’s fiscal strategy, playing a vital role in ensuring the sustainability and resilience of the Kingdom’s public finances. Established in late 2015, the NDMC’s mandate is to secure Saudi Arabia’s financing needs at the best possible cost and risk profile, both in the short and long term, while maintaining access to domestic and international debt markets at fair pricing.
Source: Economymiddleeast
