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Indonesia plans first global sukuk before June

Posted on 26 March 2009

From Forbes.com: Indonesia plans to sell up to 7.5 trillion rupiah ($650 million) of Islamic bonds before June, its first global sukuk issue, but analysts said market conditions are expected to remain tough due to the global crisis.

Rahmat Waluyanto, treasury director general at the finance ministry, said the global sukuk would be issued before a Samurai bond issue which is planned for June, and the size would depend on the underlying assets available. ….Full Article: Source

 
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