Saudi Arabia issues $2.27bln in domestic sukuk

The Islamic bonds were split into two tranches

  
Islamic finance background with calculator and rosary on the table. Image used for illustrative purpose.

Islamic finance background with calculator and rosary on the table. Image used for illustrative purpose.

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RIYADH: Saudi Arabia issued SR8.5 billion($2.27 billion) in domestic sukuk for the month of October, the National Debt Management Center said on Tuesday.

The Islamic bonds were split into two tranches: SR3.905 billion due in 2029, and another of SR4.595 billion due in 2033.

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