13.06.2011 - High-yield Sukuk rally on Rupiah’s seven-year high, easing inflation
Indonesia’s Islamic bonds are rallying, sending yields to a five-month low, as slowing inflation and a strengthening rupiah allow the central bank to refrain from raising borrowing costs. The rate on the 7.36 percent rupiah note maturing in August 2014 dropped 58 basis points since Jan. 5 to 6.33 percent, near the low of 6.3 percent on June 6.............................................Full Article: Source
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