The National Debt Management Center (NDMC) has announced the completion of the November 2025 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The total amount allocated for this issuance was SAR 5.832 billion.
According to the NDMC, the sukuk was divided into five tranches with varying maturities. The first tranche amounts to SAR 700 million and will mature in 2027. The second tranche is valued at SAR 1.375 billion and will mature in 2029. The third tranche, worth SAR 180 million, will mature in 2032. The fourth tranche is set at SAR 197 million and matures in 2036. The fifth and largest tranche totals SAR 3.380 billion and will mature in 2039.
