Saudi Arabia completes early redemption of sukuk valued at $8.8bln | ZAWYA MENA Edition
Saudi Arabia on Thursday announced the completion of an early redemption of a portion of outstanding Islamic bonds maturing next year with a total value of 33 billion riyals ($8.80 billion).
The kingdom has also issued new Islamic bonds under its sukuk programme, the finance ministry said in a statement cited by the state news agency.
The new sukuk issuance comprises four tranches with a total value of 33.48 billion riyals.
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