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Indonesia to raise rupiah-dominated Islamic bond sales by 12pct in Q1

Posted on 05 January 2012

The Indonesian government plans to raise rupiah- dominated bond sales by 12 percent to 53.5 trillion rupiah (some 5.9 billion U.S. dollar) in the first quarter this year year on year, as the decreasing interest rate amid rapid capital inflow may gain the country’s bond sales, local media reported Wednesday.
The Finance Ministry’s debt management office plans to hold 11 rupiah-denominated bond auctions, consisting of conventional and Islamic bonds, in the first quarter this year………………………………………..Full Article: Source

 
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