10.03.2010 - Indonesia sukuk auction
From Iii.co.uk: Indonesia raised 999 billion rupiah ($108.9 million) rupiah from the auction of Islamic-compliant bond or sukuk on Tuesday, the finance ministry said in a statement. The ministry had expected to raise 1 trillion rupiah from the sales of sukuk with tenors ranging from five to 15 years. The proceeds will be used to help finance budget deficit seen at 2.1 of gross domestic product (GDP) this year.............................................Full Article: Source
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