Monday, October 03, 2011

INDONESIA - CAPITAL MARKETS - Indonesia Proceeds With Global Sukuk Plans: Emerging Bond Alert

INDONESIA is proceeding with plans to sell global sukuk and is waiting for the right timing, Bhimantara Widyajala, a director at the Finance Ministry’s debt management office, said in a press briefing in Jakarta on Sept. 28. The government hired HSBC Holdings Plc, Citigroup Inc. and Standard Chartered Plc to help it with a sale of as much as $1 billion of Islamic bonds, a person familiar with the matter who asked not to be identified as details are private said in August.(source)

Source :  http://mobile.bloomberg.com/news/2011-09-28/indonesia-proceeds-with-global-sukuk-plans-emerging-bond-alert - Sept 28, 2011

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