Islamic Finance 

Saudi Arabia sells 4 billion riyals of domestic sukuk

| 03 September, 2018

03/09/2018 11:27 | DUBAI

Saudi Arabia's finance ministry sold 4.0 billion riyals ($1.1 billion) of domestic Islamic bonds in its monthly auction by re-opening an issue originally made in July, the ministry said on Monday.

It sold 2.25 billion riyals of five-year sukuk, 500 million riyals of seven-year and 1.25 billion riyals of 10-year, bringing the total issue size to 7.465 billion riyals.

(Reporting by Andrew Torchia, editing by Louise Heavens)

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