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Sukuk
Ijarah / Murabahah hybrid

Kingdom of Saudi Arabia USD 5bn Sukuk 2035

Kingdom of Saudi Arabia · Saudi Arabia

Benchmark ten-year international sukuk from the world's largest sovereign sukuk issuer.

Key terms

Issuer profile
Kingdom of Saudi Arabia
ISIN
XS2839172284
Structure
Ijarah / Murabahah hybrid
Issue size
$5B
Ccy
USD
Minimum investment
$200,000
Payment frequency
semi-annual
Listing venue
London Stock Exchange
Governing law
English law

Pricing

Profit rate
5.25% (fixed)
Indicative price
98.14
Yield to maturity
5.515%
Spread
95 bps
Ratings
A1 / A+ / A+

Key dates

Issue date
28 May 2025
Maturity date
28 May 2035
Tenor
10 years

Shariah information

Shariah advisor
Shariah committees of the joint lead managers
AAOIFI aligned
✓
Underlying asset
Portfolio of tangible sovereign assets and Murabahah receivables
Use of proceeds
General budgetary purposes