Saudi Arabia sold 2.3 billion riyals ($613 million) in sukuk, or Islamic bonds, in its local monthly issue for July, the Finance Ministry said on Thursday.
The kingdom sold SAR 5.2 billion in sukuk in its local monthly issue for July, according to the ministry’s recent statement.
The debt sale was split into three tranches of 1.4 billion riyals due in 2024, 258 million riyals due in 2028 and 588 million maturing in 2034.
Source Salaam Gateway