Saudi Arabia sells $3.10bln sukuk in monthly issue

Saudi Arabia's Finance Ministry said on Thursday it had issued $3.10bln in domestic sukuk, or Islamic bonds, under its monthly issuance programme for April

  
Image used for illustrative purpose. Close up shoot for saudi riyal and coins in sacks bag.

Image used for illustrative purpose. Close up shoot for saudi riyal and coins in sacks bag.

Gettyimages/ imran kadir photography

CAIRO  - Saudi Arabia's Finance Ministry said on Thursday it had issued 11.619 billion riyals ($3.10 billion) in domestic sukuk, or Islamic bonds, under its monthly issuance programme for April.

It issued 0.768 billion riyals worth of five-year bonds, 0.918 billion riyals in 10-year bonds, 0.686 billion riyals in 15-year bonds, and 9.247 billion riyals in 30-year bonds, a ministry statement said. ($1 = 3.7498 riyals)

(Reporting by Hesham Hajali and Eric Knecht; Editing by Kevin Liffey) ((Hesham.Hajali@thomsonreuters.com;))

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