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

Indonesia: Govt’s Islamic debt-paper sales reach record high

Posted on 21 March 2012

The government has collected Rp 13.6 trillion (US$1.49 billion) in an Islamic debt-paper (sukuk) issuance, the highest amount since it was introduced in 2008, after seeing strong demand from local individual investors.
“During the offer period, investors ordered Rp 19 trillion, but we could only provide Rp 13.6 trillion, which is the upper limit of all previous Islamic retail bonds,” Rahmat Waluyanto, the Finance Ministry’s director general for debt management, said………………………………………..Full Article: Source

 
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