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Saudi Arabia raises over $2bn in February sukuk sale: NDMC

Saudi Arabia raised SR7.86 billion ($2.09 billion) from a domestic sukuk issuance in February, more than tripling January’s sale as the Kingdom accelerates funding through Shariah-compliant debt.  The issuance was split into five tranches, with maturities ranging from 2031 to 2041, the National Debt Management Center said in a release.  …

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Click here to read the full story: Arab News

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