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

Indonesia to cut size global sukuk issue

Posted on 28 July 2010

From Reuters: Indonesia will cut the size of a global sukuk issue planned for this year after the government lowered its forecast for the budget deficit and reduced its borrowing requirement, a source told Reuters on Tuesday.
Indonesia had aimed to raise up to $650 million in a global sukuk issue in October as part of its aim to develop the Islamic finance industry in the world’s most populous Muslim nation……………………………………….Full Article: Source

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