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Islamic Finance Briefing - Categorized | Banking, Bonds (Sukuk) more

Indonesia to name banks next week for $650 mln Sukuk sale

Posted on 06 July 2010

From Bloomberg: Indonesia’s government plans to name three banks next week to help it sell $650 million of Islamic bonds in October, a finance ministry official said.
“We will pick three names next week,” Dahlan Siamat, director for Islamic financing at the ministry, said in a telephone interview in Jakarta. Southeast Asia’s largest economy raised $650 million from selling its first-ever international Islamic dollar bonds in April last year, a transaction arranged by Barclays Plc, HSBC Holdings Plc and Standard Chartered Plc……………………………………….Full Article: Source

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