Monday 25 December 2017

Saudi finance ministry sells $1.27bln of domestic sukuk | ZAWYA MENA Edition

Saudi finance ministry sells $1.27bln of domestic sukuk | ZAWYA MENA Edition:

"Saudi Arabia's finance ministry said on Sunday it had sold 4.775 billion riyals ($1.27 billion) of domestic sukuk in its monthly sale by re-opening the government's October issue for a second time. The ministry sold 2.400 billion riyals of five-year sukuk, 1.800 billion riyals of seven-year and 575 million riyals of 10-year. Applications for the offer totalled 10.325 billion riyals. Last month, the ministry sold 6.68 billion riyals of sukuk in the first re-opening of the issue, and in October it sold 10 billion riyals. "



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