www.financeroll.com - The Indonesian 7-year global sukuk trades higher at its debut in the secondary market after strong demand for the paper at the primary market, dealers say. The yield is down at 3.96% from the 4% initial yield. (source)
The $1 billion offering, Indonesia's second global sukuk issuance after the $650-million issuance in April 2009, attracted US$6.5 billion total bids. "Sentiment on the Indonesian sukuk will remain healthy as Indonesia is expected to get an investment-grade rating in the near future," says Mandiri Sekuritas's bond analyst Handy Yunianto.(I-made.sentana@dowjones.com)
Source ; http://www.financeroll.com/livenews/145554/market-talk-indonesian-sukuk-bid-up-demand-to-stay-solid--analyst - Nov 15, 2011
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