{"id":58466,"date":"2026-04-13T10:54:04","date_gmt":"2026-04-13T09:54:04","guid":{"rendered":"https:\/\/dzwatch.dz\/?p=58466"},"modified":"2026-04-13T10:54:04","modified_gmt":"2026-04-13T09:54:04","slug":"algerias-sovereign-sukuk-hit-80-subscription-rate-in-just-two-and-a-half-months","status":"publish","type":"post","link":"https:\/\/dzwatch.dz\/?p=58466","title":{"rendered":"Algeria&#8217;s Sovereign Sukuk Hit 80% Subscription Rate in Just Two and a Half Months"},"content":{"rendered":"<p>Algeria&#8217;s Minister of Finance, Abdelkrim Bouzerzour, announced on Sunday in Algiers that approximately <strong>80% of the sovereign sukuk<\/strong> issued by the Public Treasury in late January have already been subscribed, marking a landmark milestone in the country&#8217;s financial history.<\/p>\n<p>Speaking exclusively to <strong>dzwatch<\/strong> during a public session of the Council of the Nation dedicated to discussing the 2023 budget settlement law, the minister confirmed that within just two and a half months, subscriptions exceeded <strong>80% of the 296.65 billion DZD target<\/strong>.<\/p>\n<p>Bouzerzour praised the strong market response to Algeria&#8217;s <strong>first-ever sovereign sukuk issuance<\/strong>, describing it as a pivotal step toward advancing financial inclusion nationwide.<\/p>\n<p>Launched on January 27, the <em>Ijara-Usufruct<\/em> sukuk are issued in denominations of <strong>100,000 DZD and 1,000,000 DZD<\/strong>, carry a <strong>6% annual yield<\/strong> over a 7-year term, and will fund major public infrastructure projects. The subscription window has been extended to <strong>April 30<\/strong>.<\/p>\n<p>The minister also highlighted ongoing government efforts to rationalize public spending, digitize fiscal operations, and strengthen investment monitoring mechanisms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Algeria&#8217;s Minister of Finance, Abdelkrim Bouzerzour, announced on Sunday in Algiers that approximately 80% of the sovereign sukuk issued by the Public Treasury in late January have already been subscribed, marking a landmark milestone in the country&#8217;s financial history. Speaking exclusively to dzwatch during a public session of the Council of the Nation dedicated to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":58465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"cybocfi_hide_featured_image":"","iawp_total_views":7,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-58466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economie-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/58466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58466"}],"version-history":[{"count":0,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/58466\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/media\/58465"}],"wp:attachment":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}