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

Indonesia sells $829 mln of retail Sukuk

Posted on 22 February 2011

From Bloomberg: Indonesia sold 7.34 trillion rupiah ($829 million) of three-year retail Islamic bonds, exceed the target of 6 trillion rupiah, said Rahmat Waluyanto, director general of the Finance Ministry’s debt management office.
Demand for the notes, which will pay a return of 8.15 percent, was the same as the amount sold, Waluyanto said. Indonesia plans to sell 10.5 trillion rupiah of Islamic bonds this year, he said……………………………………….Full Article: Source

 
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