27.04.2011 - Indonesia to cover budget deficit via sukuk
Indonesia's finance ministry raised 500 billion rupiah (US$58mil) from a sukuk auction yesterday, in line with its target, to help cover this year's state budget deficit, a debt official said. The ministry as of April 26 has sold 14.6 trillion rupiah of bonds and T-bills, including sukuk, out of 41.23 trillion rupiah targeted this quarter. It raised a higher-than-targeted 42.75 trillion rupiah in the first quarter..............................................Full Article: Source
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