Riyadh – Mubasher: The Securities Depository Center (Edaa) announced on Monday the implementation of an increase in the total value of three Saudi government SAR-denominated sukuk issuances.
The corporate actions apply to the sovereign sukuk tranches originally issued on 8 August 2023, 10 August 2023, and 15 January 2024.
The adjustments to the total outstanding value of these Islamic bonds were reflected in the accounts of eligible securities holders on 20 July 2026.
This move follows the government's ongoing management of its local debt profile through the expansion of existing sovereign sukuk programs.
Edaa did not disclose the specific monetary value of the increase in its statement.
