National Debt Management Center Closes December Sukuk Issuance Worth 7.016 Billion Riyals

Saudi Arabia – Debt Instruments

The National Debt Management Center has completed the local issuance for December 2025 under the Saudi Government Sukuk Program denominated in Riyals, after receiving investor applications, with a total allocation of 7.016 billion Saudi Riyals.

According to a statement from the center, the issuance was divided into five time segments as part of a strategy aimed at diversifying maturities and enhancing public debt management efficiency.

The distribution of the segments is as follows:

• First Segment: 1.236 billion Riyals, maturing in 2027.
• Second Segment: 335 million Riyals, maturing in 2029.
• Third Segment: 1.180 billion Riyals, maturing in 2032.
• Fourth Segment: 1.692 billion Riyals, maturing in 2036.
• Fifth Segment: 2.573 billion Riyals, maturing in 2039.

This issuance reflects the continued strong demand for local government debt instruments, as the Kingdom seeks to deepen the Sukuk market in Riyals and support the sustainability of long-term financing, aligning with the goals of the Financial Sector Development Program and Saudi Vision 2030.