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  • 17-11-21

    KSA offers domestic sukuk value USD164 million in November

    (MENAFN) According to the National Debt Management Center (NDMC) statement, the kingdom’s government proposed SR-designated Sukuk that value SR 614.179 million (USD164 million) for the issuing of November.

    The issuance is part of the Saudi Arabian Government SR-designated Sukuk Plan.

    The country gathered a total sum of SR74.2 billion of Sukuk in monthly issuances for the last 10 months. Currently, the kingdom got a total amount of SR74.8 billion funding from Sukuk.

    Based on the MoF’s latest quarterly budget report, the nation’s public loans amounted at SR948.3 billion towards the end of 2021’s July-September period. National debt amounted for 59.1 percent whereas foreign debt comprise of 40.9 percent of the debt.

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