Indonesia’s finance ministry raised 1.05 trillion rupiah ($108.47 million) of sharia bonds at an auction on Tuesday, lower than a target of 1.5 trillion rupiah. The government sold project-based sukuk maturing in five and 24 years, with total incoming bids of 2.264 trillion rupiah.
Yields were little changed from the previous auction earlier this month.. The highest bid-to-cover ratio was 1.98 for its five-year project-based sukuk…………………………………….Full Article: Source