14.09.2011 - Indonesian Sukuk puts issuance above 2010 total

The US$2 billion (RM6 billion) of Islamic bonds being sold in Indonesia and Saudi Arabia this month will push global sukuk issuance above the total for 2010 as borrowing costs slide and banks attract more deposits. Indonesia will offer US$1 billion (RM3 billion) of syariah-compliant debt this quarter, Rahmat Waluyanto, director-general at the nation's debt-management office, said.............................................Full Article: Source

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