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| 22 January, 2018

Saudi finance ministry sells $1.56bln of domestic sukuk

Last month, the ministry sold 4.775 billion riyals of domestic sukuk

Image for illustrative purpose.

Image for illustrative purpose.

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RIYADH: Saudi Arabia's government sold 5.85 billion riyals ($1.56 billion) of domestic sukuk in its fifth monthly offer of domestic sukuk, the Ministry of Finance said on Monday.

The ministry sold 4.125 billion riyals of five-year sukuk, 225 million riyals of seven-year and 1.5 billion riyals of 10-year.

Last month, the ministry sold 4.775 billion riyals of domestic sukuk.

($1 = 3.75 Saudi riyals)

(Reporting by Marwa Rashad; Editing by Janet Lawrence) ((marwa.rashad@thomsonreuters.com; +966114632603 ; Reuters Messaging: marwa.rashad.thomsonreuters.com@reuters.net))

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