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

Indonesia: Govt Sukuk sale again falls short as investors demand higher yields

Posted on 14 July 2010

From Thejakartaglobe.com: The government sold Rp 246 billion ($27 million) of Islamic bonds on Tuesday, not even close to the Rp 1 trillion rupiah target, the Finance Ministry’s Debt Management Office said on its Web site.
The government sold Rp 239 billion of 10.25 percent sukuk , or Islamic bonds, due in March 2030 to yield 9.94 percent, as well as Rp 7 billion of 10.25 percent notes maturing in January 2025 carrying a yield of 9.28 percent……………………………………….Full Article: Source

 
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