23.04.2012 - Indonesia dollar Sukuk beating Rupiah debt: Islamic finance
Yields on Indonesia’s local- currency Islamic bonds are climbing to a one-month high over dollar-denominated sukuk on speculation a rising fuel-import bill will disrupt the economy and weaken the rupiah. The yield premium demanded on local-currency 4.45 percent notes due February 2018 over 4 percent dollar securities due November 2018 reached 184 basis points yesterday, the widest since March 19, data compiled by Bloomberg shows...............................................Full Article: Source
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