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Indonesia’s sukuk sale falls short of target

Posted on 20 January 2010

From Btimes.com.my: Indonesia sold less sukuk than targeted yesterday as investors, mindful of the still shallow secondary market, wanted to buy the Islamic bonds below the government’s target prices.

The Finance Ministry sold 950 billion rupiah (100 rupiah = RM0.03) worth of sukuk via a tender, compared with the targeted 1 trillion rupiah, it said in a statement without elaborating on why it was less…………………………………Full Article: Source

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