DUBAI- Saudi Arabia's finance ministry said on Sunday it had sold 4.775 billion riyals ($1.27 billion) of domestic sukuk in its monthly sale by re-opening the government's October issue for a second time.
The ministry sold 2.400 billion riyals of five-year sukuk, 1.800 billion riyals of seven-year and 575 million riyals of 10-year. Applications for the offer totalled 10.325 billion riyals.
Last month, the ministry sold 6.68 billion riyals of sukuk in the first re-opening of the issue, and in October it sold 10 billion riyals.
(Reporting by Andrew Torchia) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))
The ministry sold 2.400 billion riyals of five-year sukuk, 1.800 billion riyals of seven-year and 575 million riyals of 10-year. Applications for the offer totalled 10.325 billion riyals.
Last month, the ministry sold 6.68 billion riyals of sukuk in the first re-opening of the issue, and in October it sold 10 billion riyals.
(Reporting by Andrew Torchia) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))
