RIYADH: Saudi Arabia’s National Debt Management Center issued SR9.98 billion ($2.6 billion) worth of riyals-denominated Sukuk in April.

In a statement, the office, known as NDMC, said the Sukuk issuance was divided into two tranches as follows:

• The first tranche has a size of SR6.402 billion maturing in 2032
• The second tranche with a size of SR3.580 billion maturing in 2037