The Ministry of Finance received significant interest for the first international issue of the Sukuk program with an orderbook from investors in excess of US $ 33 billion (equivalent to SAR 123.75 billion) . The total amount of the issue has been sized At US $ 9 billion (equivalent to SAR 33.75 billion). This consist of two tranches of certificates, US $ 4.5 billion (equivalent to SAR 16.875 billion) certificates maturing in 2022 and US $ 4.5 billion (equivalent to SAR 16.875 billion) certificates maturing in 2027. This reflects the strong fundamentals of the Saudi economy, and illustrates the role of the Debt Management Office "DMO" as part of Vision 2030.
