Yields on Indonesia’s local- currency Islamic bonds are climbing to a one-month high over dollar-denominated sukuk on speculation a rising fuel-import bill will disrupt the economy and weaken the rupiah.
The yield premium demanded on local-currency 4.45 percent notes due February 2018 over 4 percent dollar securities due November 2018 reached 184 basis points yesterday, the widest since March 19, data compiled by Bloomberg shows………………………………………..Full Article: Source