Saudi Arabia’s Ministry of Finance announced this week that it had sold domestic sukuk for $1.56 billion in its fifth monthly offer of Islamic bonds.
The ministry sold $1.1 billion of five-year sukuk, $60 million of seven-year and $400 million of 10-year.
Last month, the ministry sold $1.273 billion of domestic sukuk.
Related stories:
- Saudi Arabia To Raise Over $8 Billion In First Islamic Bond Sale
- Saudi Aramco Chooses Islamic Bonds In The Run-up To Its Much-anticipated IPO