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

Indonesia revives Sukuk after failures in July

Posted on 30 September 2010

From Bloomberg: Indonesia, the world’s most- populous Muslim nation, is reviving sales of Islamic bonds two months after consecutive auctions fell short of target because of concern over insufficient trading volume.
The Finance Ministry said this week it will offer 1 trillion rupiah ($112 million) of sukuk on Oct. 5, with maturities of five years to 20 years and coupons ranging from 8.8 percent to 10.25 percent……………………………………….Full Article: Source

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