Friday, July 15, 2011

INDONESIA - CAPITAL MARKETS - Government Fails to Sell Sukuk

JAKARTA (IFT) - The Indonesian government failed to sell four series of Shariah-compliant bonds in an auction today, its first issuance since April 26. Investors demanded higher yields than the government was willing to offer. The sale attracted Rp 1.21 trillion (US$ 142 million) of bids, with an indicative target of Rp 1 trillion. (source)

Source : http://en.indonesiafinancetoday.com/read/7806/Government-Fails-to-Sell-Sukuk  - July 12, 2011

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