Saudi Arabia Completes 60.4 Billion Riyals Islamic Bond Early Repurchase.

According to a statement from the Saudi National Debt Management Center, Saudi Arabia has completed the early redemption of partially unpaid Islamic bonds maturing from 2025 to 2029, with a total value of approximately 60.4 billion riyals. The Saudi Ministry of Finance and Debt Management Center designated HSBC Saudi, Rajhi Capital, Saudi National Bank Capital, Gizzler Capital, and Arinma Investments as joint lead managers to lead this transaction.