Back
Listed
Sukuk
Ijarah / Murabahah hybrid
Kingdom of Saudi Arabia USD 3bn Sukuk 2031
Kingdom of Saudi Arabia · Saudi Arabia
Six-year tranche of the Kingdom's international sukuk programme.
Key terms
- Issuer profile
- Kingdom of Saudi Arabia
- ISIN
- XS2703140998
- Structure
- Ijarah / Murabahah hybrid
- Issue size
- $3B
- Ccy
- USD
- Minimum investment
- $200,000
- Payment frequency
- semi-annual
- Listing venue
- London Stock Exchange
- Governing law
- English law
Pricing
- Profit rate
- 4.95% (fixed)
- Indicative price
- 99.40
- Yield to maturity
- 5.087%
- Spread
- 78 bps
- Ratings
- A1 / A+ / A+
Key dates
- Issue date
- 28 May 2024
- Maturity date
- 28 May 2031
- Tenor
- 7 years
Shariah information
- Shariah advisor
- Shariah committees of the joint lead managers
- AAOIFI aligned
- ✓
- Underlying asset
- Sovereign asset portfolio
- Use of proceeds
- General budgetary purposes