Par value of sukuk and bonds reduced

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Sun, 2019-07-14 02:39

Tadawul has started to apply the amendment of the par value of the domestic government debt instruments (sukuk) issued by the Saudi government from SR1 million ($266,640) to SR1,000 without changing the size of the issuance.
This includes 29 issuances of investment instruments issued to finance the budget. It is estimated that the size of the bond and sukuk market currently stand at about SR292 billion, representing 66 issues, including five issues for the private sector and the rest for the government.

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