• 11 Jul

    Indonesia sells 8 trillion rupiah of Islamic bonds

    Indonesia's finance ministry sold 8 trillion rupiah ($557.10 million) of Islamic bonds at an auction on Tuesday, double the indicative target of 4 trillion rupiah, its financing and risk management office said.

    The weighted average yields of the project-based sukuk sold on Tuesday were mostly higher than yields of comparable sukuk at the previous auction.

     

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