INDONESIA - CAPITAL MARKETS - SUKUK GLOBAL: Fitri plan published after 2012

www.bisnis.com - JAKARTA: The government plans to issue Sharia Government Securities (sukuk) around global III/2012 quarter or after the Hari Raya holiday.

Waluyanto, Director General of Debt Management, Ministry of Finance, said that while the European crisis has not abated, but the issuance of global sukuk Samurai Bond and still according to plan.

"Still on schedule, that's a crisis in Europe. We are monitoring the market and the market there is still interest in it," he said in Parliament Monday, June 11, 2012. (source)


According to Grace, the crisis tends to make investors avoid investing in European bonds. Besides Europe, the U.S. debt is also considered less attractive to investors because it offers a low yield. "Yes, they ran to us," he said.

Based on data DGAT, since 2009-2011, the government recorded 2 times the global sukuk issued. First, in August 2009 with an offering of U.S. $ 650 million and yield 8.8% with a tenor of 8.8%.

Second, in November 2011 with an offering of U.S. $ 1 billion and the yield of 4% with a tenor of 7 years.

The global sukuk primary market a.l. Middle East and Africa regi

SUKUK GLOBAL: Rencananya terbit usai Lebaran 2012

Oleh Ana Noviani

Senin, 11 Juni 2012 | 17:46 WIB

JAKARTA: Pemerintah berencana menerbitkan Surat Berharga Negara Syariah (sukuk) global sekitar kuartal III/2012 atau usai Hari Raya Lebaran.

Rahmat Waluyanto, Direktur Jenderal Pengelolaan Utang Kementerian Keuangan, mengatakan meski krisis Eropa belum mereda, namun penerbitan Samurai Bond dan sukuk global masih sesuai rencana.

"Masih on schedule, yang krisis kan di Eropa. Kita monitoring pasar dan pasar masih ada minatnya kok," katanya di DPR Senin, 11 Juni 2012.

Menurut Rahmat, krisis cenderung membuat investor menghindari investasi di surat utang Eropa. Selain Eropa, surat utang Amerika Serikat juga dinilai kurang menarik bagi investor karena menawarkan yield yang rendah. "Ya mereka lari ke kita," ujarnya.

Berdasarkan data DJPU, sejak 2009-2011, pemerintah tercatat 2 kali menerbitkan sukuk global. Pertama, pada Agustus 2009 dengan penawaran US$650 juta dan yield 8,8% dengan tenor 8,8%.

Kedua, pada November 2011 dengan penawaran US$1 miliar dan yield 4% dengan tenor 7 tahun.

Adapun pasar utama sukuk global a.l. kawasan Timur Tengah dan Afrika. (ra)

Source: http://www.bisnis.com/articles/sukuk-global-rencananya-terbit-usai-lebaran-2012  - June 11, 2012 - google translate