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Indonesia cancels planned Islamic treasury bonds sale

Posted on 17 February 2010

From Bloomberg:Indonesia canceled today its planned sale of Islamic treasury bonds, the Finance Ministry said in a statement. The government had sought to raise 1 trillion rupiah ($107 million) selling the notes.

The government rejected all of the 1.7 trillion rupiah of bids it received for the so-called sukuk notes due September 2015, January 2017, January 2025 and February 2021, the ministry said in a statement posted on its Web site. “No bid was won,” the statement said, without giving a reason…………………………………Full Article: Source

 
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