INDONESIA - CAPITAL MARKETS - BSM Subordinated Sukuk Renders 10% Yield

JAKARTA (IFT) – PT Bank Syariah Mandiri (BSM) will render a 10 percent yield for its subordinated sukuk or Islamic subdebt of Rp 500 billion that will be a limited issuance. The proceeds will be used to increase the company’s capital adequacy ratio (CAR). (source)
Source :  http://en.indonesiafinancetoday.com/read/14830/BSM-Subordinated-Sukuk-Renders-10-Yield - Dec 15, 2011