Tuesday 20 March 2018

Saudi finance ministry sells $1.29bln of domestic Sukuk | ZAWYA MENA Edition

Saudi finance ministry sells $1.29bln of domestic Sukuk | ZAWYA MENA Edition:

"Saudi Arabia's government sold 4.85 billion riyals ($1.29 billion) of domestic sukuk in a monthly sale by re-opening an issue originally made in January, the Ministry of Finance said on Tuesday. The ministry sold 2.60 billion riyals of five-year sukuk, 1.85 billion riyals of seven-year and 0.40 billion riyals of 10-year. Last month, the ministry sold 7.22 billion riyals of domestic sukuk. ($1 = 3.7500 riyals)"



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