April 23, 2020 / 5:44 PM / a month ago

Saudi Arabia raises 5.55 bln riyals in local sukuk -statement

DUBAI, April 23 (Reuters) - Saudi Arabia has raised 5.55 billion riyals in sukuk, or Islamic bonds, the Finance Ministry said in a statement on Thursday.

The first tranche of the sukuk issue has a size of 1.3 billion riyals, and a total tranche size of 2.523 billion riyals, maturing in 2027, the ministry said.

The second tranche has a size of 4.25 billion riyals, and a total tranche size of 8.238 billion riyals, maturing in 2035. (Reporting by Aziz El Yaakoubi Editing by Chris Reese)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below