2021 Q4 Report En · Page 7
2021-q4-report-en.pdf
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7 | FTSE Russell to Add Saudi Sukuk to Emerging Markets Government Bond Index Global index provider FTSE Russell announced that the Saudi Stock Exchange has joined the FTSE Emerging Markets of Government Bond Index- EMGBI. This came as a result of the tangible developments and efforts made by the Capital Market Authority (CMA), in addition to its efforts with the relevant authorities in developing the Sukuk and Debt instruments market, which took only 6 months since joining the list of monitoring of the index on March 2021 until its actual accession to the index on September 30, 2021. Listing and Trading Government Debt Instruments in the Saudi Stock Exchange Tadawul has approved through Q4 2021 the listing request of the debt instruments, issued by the government of the Kingdom of Saudi Arabia submitted by the Ministry of Finance as per the Listing Rules with a total value of SAR (33,482,413,000) and listing of the debt instruments from a class already listed with a total value of SAR (9,528,899,000). The Capital Market Authority Approves the Registration and Offering of Shares of Several Companies in the Capital Market The Capital Market Authority announced the issuance of several decisions by the Authority’s Board regarding the approval of the registration and offering of shares of 8 companies in the capital market, whose listing was completed during the fourth quarter of 2021, the details of which are as follows: Main Market: • International Company for Water and Power Projects • Arabian Contracting Services Company • Nayifat Finance Company • Almunajem Foods Company • Saudi Tadawul Group Holding Company Nomu – Parallel Market: • Alhasoob Company • Group Five Pipe Saudi Company • Enma AlRawabi Company The National Debt Management Center Announces the Successful Completion of the 3rd International Offering During the Year 2021 as Dual Tranche Under both Sukuk and GMTN Programme with a Total Value of USD 3.25 billion. The National Debt Management Center (NDMC) announced the completion of receiving investors' requests for the third international issuance during the year 2021 for Sukuk and bonds under the Kingdom's Global Trust Certificate Issuance Programme and the Global Medium-term Note Issuance Programme. The total order book reached over USD 11 billion, which was oversubscribed 3.5 times. The Kingdom issued a total of USD 3.25 billion (equivalent to SAR 12.19 billion) divided into two tranches. The value of the first tranche is at USD 2 billion (equivalent to SAR 7.5 billion) for a 9.5- year Sukuk maturing in 2031, while the second tranche totaled USD 1.25 billion (equivalent to SAR 4.69 billion) for a 30-year bond maturing in 2051. With a value exceeding SAR 33.48 billion, the National Debt Management Center Successfully Completed the Second Early Repurchasing Transaction of the Kingdom The Kingdom of Saudi Arabia represented by the Ministry of Finance (the issuer) announces the completion of an early repurchase a portion of existing issuer's bonds and Sukuk due in August, September, October, November and December of next year (2022) with a total value of more than 33 billion riyals, in addition to an issuance of new Sukuk under the Sukuk Issuance Programme in Saudi Riyal. This transaction is one of the initiatives of the National Debt Management Center (NDMC) which aims to unify the issuer's domestic issuances to be under the Sukuk Issuance Program
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