INDONESIA - CAPITAL MARKETS - Indonesia raises 460 bln rph in sukuk auction

www.reuters.com - (Reuters) - Indonesia raised 460 billion rupiah ($48.65 million) from a sukuk auction on Tuesday, lower than a target of 500 billion rupiah, the debt office said.
The country only sold 25-year project-based sukuk at a weighted average yield of 6.69 percent. There were no winning bids for one-year sharia T-bills and six-year, 10-year as well as 15-year project-based sukuk.  (full story)


Foreign ownership of sukuk stood at 5.38 trillion rupiah or 5.61 pct of the total as of July 20, data from debt office shows. ($1 = 9,455 rupiah) (Reporting by Rieka Rahadiana; Editing by Neil Chatterjee)

Source: (Reuters) - Indonesia raised 460 billion rupiah ($48.65 million) from a sukuk auction on Tuesday, lower than a target of 500 billion rupiah, the debt office said. The country only sold 25-year project-based sukuk at a weighted average yield of 6.69 percent. There were no winning bids for one-year sharia T-bills and six-year, 10-year as well as 15-year project-based sukuk. Foreign ownership of sukuk stood at 5.38 trillion rupiah or 5.61 pct of the total as of July 20, data from debt office shows. ($1 = 9,455 rupiah) (Reporting by Rieka Rahadiana; Editing by Neil Chatterjee) 

Source:  http://www.reuters.com/article/2012/07/24/indonesia-economy-sukuk-idUSJ9E8FA01K20120724 - July 24, 2012