15.03.2012 - Indonesia: Sellers raise retail Sukuk sales target to Rp 19 trillion
Agents for the Indonesian government’s fourth retail sukuk (Islamic debt papers for individual investors) have raised their sales target by Rp 5.48 trillion (US$595.73 million) to Rp 19.15 trillion due to the strong demand from locals. As of Tuesday, which was the seventh day of the sukuk’s offer period, 15,165 investors had applied for Rp 11.77 trillion worth of the bonds, Rahmat Waluyanto, the Finance Ministry’s director general for debt management, told The Jakarta Post...............................................Full Article: Source
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