Friday, January 14, 2011

FINANCIAL MARKETS - Indonesia fin ministry to sell 2.25 trln rph sukuk to Haj Fund

Jan 14 (Reuters) - Indonesia's finance ministry plans to sell 2.25 trillion rupiah ($248.62 million) of sukuk in February to the state-managed Islamic Haj Fund via a private placement, sharia debt director Dahlan Siamat said on Friday.

The fund is managed by the religious ministry, and the sukuk is not tradeable on the secondary market. ($1 = 9,050 rupiah) (Reporting by Rieka Rahadiana)
Source : http://www.reuters.com/article/idUSL3E7CE0QO20110114 - Jan 14, 2011

No comments:

Post a Comment