Saudi Arabia raises Eight.495 bln riyals in Islamic bonds- finance ministry – Reuters
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Saudi Arabia raises Eight.495 bln riyals in Islamic bonds- finance ministry – Reuters

CAIRO, June 28 (Reuters) – Saudi Arabia has raised Eight.495 billion riyals ($2.27 billion) in sukuk, or Islamic bonds, in June, the finance ministry mentioned on Sunday.

The predominant tranche of the sukuk field is 2.494 billion riyals, and the total tranche size is 5.017 billion riyals, maturing in 2027, a ministry assertion mentioned.

The second tranche has a size of three.670 billion riyals , and a total tranche size of Thirteen.966 billion riyals, maturing in 2030.

The third tranche has a size of two.331 billion riyals, and a total tranche size of 10.569 billion riyals, maturing in 2035. ($1 = 3.7503 riyals) (Reporting by Nayera Abdallah and Samar Hassan; editing by Diane Craft)

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July 15, 2020
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