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Indonesia: State Sukuk issuance to be a routine

Posted on 07 October 2009

From Vivanews.com: The Department of Finance will routinely issue state sukuk for financing the 2009 State Budget starting this month. The issuance will utilize underlying assets belonging to the government as collateral.

Director General of State Treasury Herry Purnomo said although state assets will be put as collateral, the public should not be anxious about it. “It is not a security,” he said on Tuesday, October 6………………Full Article: Source

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