HIGHLIGHTS
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Special deals are orders executed when a seller and a buyer agree to trade specific securities at a certain price in order to comply with the Saudi Stock Exchange, Tadawul.
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Saudi Arabia had approximately SR854 billion debt outstanding by year-end 2020, of which 59 percent are riyal-denominated and 41 percent in foreign currency, says the National Debt Management Center on its website.
the November issuance.
The issues were divided into three tranches: A SR3.170 billion tranche, which matures in 2029, a SR2.855 billion tranche which matures in 2033 and a SR650 million which matures in 2036.
Saudi Arabia had approximately SR854 billion debt outstanding by year-end 2020, of which 59 percent are riyal-denominated and 41 percent in foreign currency, says the National Debt Management Center on its website.
A sukuk is an Islamic financial certificate, similar to a bond in Western finance, that complies with Shariah.
As per the 2021 Saudi budget, the deficit funding requirement in 2021 is estimated to be SR141 billion, it says.