Saudi Arabia issues 7.22b riyals of domestic sukuk

Dubai: Saudi Arabia’s finance ministry issued 7.22 billion riyals ($1.93 billion; Dh1.55 billion) of domestic sukuk in its monthly sale by re-opening an issue originally made last month, the ministry said on Tuesday.

It sold 5.37 billion riyals of five-year sukuk, 1.70 billion riyals of seven-year sukuk and 150 million riyals of 10-year sukuk.

Last month, the ministry sold 5.85 billion riyals of domestic sukuk.