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Intellasia East Asia News – Indonesia raises $949 million from Islamic bond auction

Indonesia’s finance ministry said on Tuesday that it has raised 14.15 trillion rupiah ($949.98 million) in an Islamic bond auction, higher than an indicative target of 14 trillion rupiah ($939.91 million).

Incoming bids were 28.5 trillion rupiah ($1.91 billion), it added. Most of the sukuk sold carried lower weighted average yields compared to the last auction on January 10.

($1 = 14,895.0000 rupiah)

https://www.nasdaq.com/articles/indonesia-raises-$949 million-from-islamic-bond-auction

 

Category: Indonesia


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