INDONESIA - CAPITAL MARKETS - Indonesia to raise 1t rupiah sukuk in auction

(JAKARTA) Indonesia's finance ministry plans to raise one trillion rupiah (S$141.5 million) from a sukuk auction on Aug 2, including by issuing its first six-month syariah T-bills, the debt office said yesterday.

Syariah T-bills are seen as instruments that can add more depth to Indonesia's syariah bond market, which is far less liquid compared to neighbour Malaysia. (source)