Saudi Arabia has launched the second round of its 'Sah' savings bonds for February 2025, offering a competitive return of 4.94 percent.

The bonds, designed for individuals, are issued by the Ministry of Finance and organized by the National Debt Management Center (NDMC).

Part of the country's local bond program and denominated in Saudi riyals, Sah aims to promote financial stability and enhance savings among citizens.

This initiative aligns with the Financial Sector Development Program under Saudi Vision 2030, which seeks to increase the national savings rate from 6 percent to 10 percent by the end of the decade.

The Shariah-compliant sukuk bond product opened for subscriptions on February 2 and will remain open until February 4. Redemption of bonds is expected within a year.

The bonds are offered through the digital platforms of approved financial institutions and are available to Saudi nationals aged 18 and older, with a minimum subscription of SR1,000 ($266).

The maximum total subscription during the program period is SR200,000.

Sah bonds are structured with a fixed return over a one-year savings period, with profits disbursed at maturity.

Monthly returns are based on market conditions, and the bonds are considered low-risk and fee-free.

This launch follows the successful closure of the first issuance for 2025, which offered a return of 4.95 percent and allocated SR3.724 billion across four tranches, with maturities ranging from 2029 to 2039.