Indonesia’s finance ministry raised 760 billion rupiah ($78.30 million) at its March 5 sukuk auction, well below the target of 1.5 trillion rupiah, the Finance Ministry’s debt office said in a statement on Tuesday.
The ministry sold 6-month, 9- and 14-year sukuk to help finance its budget deficit. Incoming bids were 3.4 trillion rupiah. The G20 economy plans to raise 57.5 trillion rupiah in the first quarter of the year………………………………………..Full Article: Source