Saudi sukuk market sees $13.7m in special deals

Three special deals were completed on Tuesday in the Saudi sukuk and bond market, with a total value of SR51.7 million ($13.7 million), Argaam reported.

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.

Tadawul reported that controls and the regulations are issued by the relevant Capital Market Authority.

Also, special deals do not affect the price of the last deal, the highest or lowest price of the instrument, the opening or closing price, the market index or sector indices.

The Saudi government offered SR-denominated sukuk worth SR614.179 million ($164 million) for