Indonesia has tightened final guidance on its planned 10-year global dollar bond, and is now seeking to pay a yield of 5.10%, and to raise a larger-than-expected $2 billion-$2.5 billion from the sale, a person close to the proposed deal said Wednesday.
Finance Minister Agus Martowardojo said Wednesday the country plans to issue $1 billion of global sukuk, or Islamic bonds, in the second half of 2011, but may cancel this year’s samurai bond issuance following Japan’s devastating earthquake……………………………………….Full Article: Source