KSA 2nd domestic sukuk issue to be offered 20 August – MoF

KSA 2nd domestic sukuk issue to be offered 20 August – MoF
The second issue of the Kingdom's sukuk programme will be offered on Sunday, 20 August, subject to market conditions

Riyadh – Mubasher: The second issue of Saudi Arabia's domestic sukuk programme will be offered during the next week, namely on Sunday, 20 August, subject to market conditions, the Saudi Ministry of Finance (MoF), represented by the Debt Management Office, said on Wednesday.

Any updates regarding this second issue will be released later, the MoF added.

In July, the MoF said that investors offered more than SAR 51 billion in KSA’s first domestic sukuk sale, with a coverage ratio of 300%.

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Source: Mubasher

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