Saudi Arabia’s government sold 4.78 billion riyals ($1.27 billion) of local currency Islamic bonds in its monthly auction, the finance ministry said on Tuesday.
The issue was a tap of a previous sukuk issue, bringing that issue’s total size to 12.245 billion riyals: 7.092 billion riyals of five-year paper, 3.005 billion riyals of seven-year and 2.148 billion riyals of 10-year.
Source Salaam Gateway