INDONESIA - BANKING - Selling Retail Sukuk, BSB Embraces AAA Securities

www.pkesinteraktif.com - Jakarta (27/2) - Bank Syariah Bukopin (BSB) formed a partnership with PT Andalan Artha Advisindo Securities (Securities AAA). This cooperation in order to make Government Retail Sukuk sales in 2012, where the BSB will become a sub-dealer.
"We're interested in becoming a sub agent for the seller of retail sukuk Sukuk instruments to create an alternative investment fund management sukuk market is still wide open," said Managing Director of BSB Riyanto in his press conference in Jakarta, Monday (27/2).  (source)

SUKUK - Bank Sulsel to Issue Rp500 Billion Bonds Next Month

Theindonesiatoday.com - Regional development bank PT Bank Pembangunan Daerah Sulawesi Selatan (Bank Sulsel) plans to issue bonds worth Rp500 billion in May 2011, of which syariah bond (Sukuk) amounts Rp100 billion.

Ellong Tjandra, Bank Sulsel's president director, said the sukuk is the first issue while bonds will be issued in two series, 3 and 5 years period. (full story)