The National Center for Debt Management announced today that it has completed accepting investor applications for its September 2021 domestic issuance under the Kingdom of Saudi Arabia’s government sukuk program denominated in Saudi riyals, with the total issuance size set at 6.675 billion Saudi riyals (six billion, six hundred seventy-five million Saudi riyals).
According to the statement issued by the Center, the issuance was divided into three tranches, the first amounting to 3.170 billion Saudi riyals (three billion one hundred seventy million Saudi riyals) for sukuk maturing in 2029 AD.

The second tranche amounted to 2.855 billion Saudi riyals (two billion, eight hundred fifty-five million Saudi riyals) for sukuk maturing in 2033 AD.

The third tranche amounted to 650 million Saudi riyals (650 million Saudi riyals) for sukuk maturing in 2036 AD.

This issuance is part of the annual borrowing plan for 2021, which the Center announced at the beginning of the fiscal year on its website, www.ndmc.gov.sa, where it publishes its domestic issuance schedule to align with the international market’s business days regarding issuance announcements and settlement dates.