10.08.2010 - Indonesia sells $325 mln Sukuk to Haj Fund
From Reuters: Indonesia's finance ministry has sold 2.855 trillion rupiah of government sukuk to the state-managed Islamic Haj Fund through a private placement on Monday, and will use the proceeds to fund the budget deficit. The ministry said on its website that the non-tradeable papers will carry a coupon of 7.36 percent and mature in 2014. The Haj Fund is managed by the religious affairs ministry using money collected by Muslims going on pilgrimage to Mecca..............................................Full Article: Source
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