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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

Indonesia Sukuk drop as inflation curbs demand

Posted on 17 January 2011

From Bloomberg: Indonesia’s dollar Islamic bonds fell for a second week, after a record decline last quarter, as concern inflation will quicken outstripped optimism the nation will win an investment-grade rating.
The yield on Indonesia’s 8.8 percent sukuk due in April 2014 has climbed 68 basis points to 3.33 percent since reaching an all-time low of 2.65 percent on Oct. 14, according to prices from the Royal Bank of Scotland Group……………………………………….Full Article: Source

 
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