May 14, 2020 / 6:40 PM / 15 days ago

Saudi Arabia raises 5.755 bln riyals in local sukuk -statement

CAIRO, May 14 (Reuters) - Saudi Arabia has raised 5.755 billion riyals ($1.53 billion) in sukuk, or Islamic bonds, the Finance Ministry said on Thursday.

The first tranche of the sukuk issue is 3.8 billion riyals, and the total tranche size is 6.549 billion, maturing in 2025, a ministry statement said.

The second tranche has a size of 1.95 billion riyals, and a total tranche size of 10.296 billion, maturing in 2030. (Reporting by Hesham Abdul Khalek Editing by Mark Heinrich)

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