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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Indonesia to sell $1.75 bln in Yen and US dollar Sukuk

Posted on 13 August 2012

Indonesia plans to raise the equivalent of almost $2 billion in combined yen- and dollar-denominated Islamic bonds later this year as part of its efforts to plug a widening budget deficit.
Southeast Asia’s largest economy plans sell $750 million of so-called samurai bonds and $1 billion of US-currency bonds, both of them sukuk, in October. “The figures and timing are still moving,” Robert Pakpahan, acting chief of the debt management office at the Finance Ministry, said………………………………………..Full Article: Source

 
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