Monday, March 26, 2012

INDONESIA - CAPITAL MARKETS - Govt to Auction Rp1 Trillion Sukuk on March 27

www.theindonesiatoday.com - JAKARTA, Indonesia Today - The Finance Ministry plans to issue project based sukuk with indicative target of Rp1 trillion in March 27, 2012. The proceed will be used to support the state budget.

The sukuk consists of 4 series;

1. PBS001 series with yield of 4.45000% and to mature in February 15, 2018

2. PBS002 series with yield of 5.45000% and to mature in January 15, 2022

3. PBS003 series with yield of 6.00000% and to be due in January 15, 2027

4. PBS004 series with 6.1000% yield and to be due in February 15, 2037. (source)



The government had also in March 21, 2012 auctioned three series of syariah instrument through private placement worth Rp8.34 trillion. The proceed aims to support Hajj fund.

The government had also in March 19, 2012 issued retail sukuk series SR-004 worth Rp13.6 trillion. The incoming bids totaled Rp19 trillion proposed during March 5-16, 2012 period.

The sukuk offers annual yield of 6.25% and will mature in September 21, 2015. The proceeds aims to support the state budget. (hans@theindonesiatoday.com)

Source:  http://www.theindonesiatoday.com/breaking-news/finance-bonds/20175-govt-to-auction-rp1-trillion-sukuk-on-march-27.html - March 24, 2012

No comments:

Post a Comment