• 24 Jul

    Indonesia sells 4.81 trillion rupiah of Islamic bonds


    Indonesia's finance ministry sold 4.81 trillion rupiah ($331.15 million) of Islamic bonds at an auction on Tuesday, below the indicative target of 6 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.

    Total incoming bids for Tuesday's auction were 9.89 trillion rupiah.

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