Showing posts with label investment grade. Show all posts
Showing posts with label investment grade. Show all posts

Wednesday, November 16, 2011

INDONESIA - CAPITAL MARKETS - Investment grade in sight on successful global sukuk sale

The government’s successful selling of US dollar-denominated Islamic bonds known as sukuk at a cheaper rate signals declining risks of investing in Indonesia.

Even more convincing, the sukuk sales came amid global financial market uncertainty, bringing the country closer to an investment grade rating. (source)