5.15 trillion rupiah ($357.02 million) in an Islamic bonds auction on Tuesday,
below the indicative target of 8 trillion rupiah, the financing and risk
management office at the finance ministry said.
The weighted average yields for
project-based sukuk sold on Tuesday were mostly higher than yields of
comparable sukuk at the previous auction on Apr. 30.
Total incoming bids at Tuesday's
auction were 20.46 trillion rupiah.
The finance ministry also said it
will conduct an additional auction of Islamic T-bills with green shoe option
for notes maturing in 2020 on May 15.
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