INDONESIA - CAPITAL MARKETS - Indonesia details Sukuk auction for 12 June

www.cpifinancial.net -The Ministry will be selling six-month Shari’ah T-bills and project-based Sukuk across a range of maturities: six, 10, 15 and 25 years (respectively, 2018, 2022, 2027 and 2037).

Indonesia’s most recent Sukuk auction on 22 May also had an indicative target of IDR 1 trillion but only raised IDR 550 billion despite receiving bids totalling IDR 1.42 trillion. Thee country has a fund-raising target of IDR 46.5 trillion in both conventional and Shari’ah bonds for Q2 2011. (source)
Source: http://www.cpifinancial.net/news/post/14312/indonesia-details-sukuk-auction-for-12-june  - June 5, 2012