CAPITAL MARKETS - Indonesia to sell 2 trln rph sukuk to Haj Fund

JAKARTA, Feb 21 - Indonesia's finance ministry plans to sell 2 trillion rupiah of sukuk in March to the state-managed Islamic Haj Fund via a private placement, debt office chief Rahmat Waluyanto said on Monday.

The sale comes after a placement of 6 trillion rupiah this month to the fund, which is managed by the religious ministry. The sukuk are not tradeable on the secondary market. ($1 = 8857.5 Rupiah) (Source)
Source : http://asia.news.yahoo.com/rtrs/20110221/tbs-indonesia-economy-sukuk-b246348.html Feb 23, 2011