The Ministry of Finance and Planning has confirmed the payment of USD 24.6 million for the October instalment of the Government’s USD 500 million Sukuk bond, first issued in 2021.

Coupon payments on the bond are scheduled for April and October each year, with the bond set to mature in April 2026. At that time, the Government is due to make a final coupon payment of approximately USD 25 million along with repayment of the full USD 500 million principal.

The Ministry said timely repayment of debt remains a top Government priority, noting that the October payment underlines its commitment to meeting financial obligations and sustaining investor confidence. Officials added that the Government will continue steps to ensure financial stability and effective debt management as preparations advance for the settlement of the bond next year.