Fri, Nov 28, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

Indonesia readies for bond rating upgrade

Posted on 18 November 2011

Sentiment that Indonesia’s bond rating could soon be upgraded to investment quality has helped fuel foreign demand for an Indonesian government Sukuk issue. The issue is only for $1 billion but already 75% has been booked to local buyers and investors domiciled in the Middle East and Malaysia.
Sukuk are bond-like certificates that don’t pay interest but where investors take an ownership stake in the project the bonds are financing and investors’ coupon payments are funded through structured profit streams from that stake……………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930