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- The issuance size of the sukuk program in August was set at 500 million riyals
LONDON: 抖阴短视频鈥檚 finance ministry announced on Saturday the closure of the August 2020 issuance of the government鈥檚 sukuk progam.
The first tranche of the sukuk, or Islamic bonds, has a size of 100 million riyals ($26.6 million) and a total tranche size of 6.125 billion riyals, maturing in 2028, the ministry said.
The second tranche of the sukuk has a size of 400 million riyals and a total tranche size of 13.515 billion riyals, maturing in 2035.
The issuance size of the sukuk program in August was set at 500 million riyals, the ministry said.
In June, 抖阴短视频 raised 8.495 billion riyals in sukuk.