Indonesian government planned to sell five series of Islamic bonds at an indicative value of 500 billion rupiah (about $52 million) next Tuesday, and proceeds from the bond sales would be used to finance 2012 state budget, a statement released by the finance ministry said on Thursday.
According to the statement one of the Islamic bonds scheduled for sale next Tuesday is a brand new one while the remaining four batches were resale programs………………………………………..Full Article: Source