From Dawn.com: Indonesia has sold more than 850 million dollars worth of Islamic bonds to domestic retail investors, exceeding its target by more than two and half times, officials said Monday.

The bonds, or sukuk, will mature in three years and pay 8.7 per cent, finance ministry director for debt Rahmat Waluyanto told reporters. “The government earlier targeted to sell three trillion rupiah (318 million dollars) worth, as we’re conservative. But we managed to sell 8.033 trillion rupiah,” he added………………………………….Full Article: Source

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