Saudi Arabia sukuk draws $16.5 billion orders for $3.25 billion sale
Saudi Arabia’s National Debt Management Center says it received around $16.5 billion in orders for a $3.25 billion international sukuk. Deal includes $1.25 billion of five-year notes maturing in 2031 and $2 billion of 10-year notes.
Saudi Arabia attracted around $16.5 billion of orders for a $3.25 billion international sukuk, or Isalmic bonds sale, more than five times the amount issued, the National Debt Management Center says.
The transaction comprised $1.25 billion of five-year sukuk maturing in 2031 and $2 billion of 10-ye…