INDONESIA - CAPITAL MARKETS - Indonesia sells 540 bln rph sukuk in auction

www.reuters.com - Indonesia sold 540 billion rupiah ($57.05 million) of sukuk in an auction on Tuesday, above a target of 500 billion rupiah, with yields rising slightly from the previous auction, the finance ministry said.
The country raised 500 billion rupiah from sales of 25-year project-based sukuk and 40 billion rupiah from six-year sukuk. There were no winning bids for six-month sharia T-bill and 10 and 15-year project based sukuk.
The weighted average yield on the 25-year sukuk was 6.71616 percent, versus 6.69002 percent in an auction last month. (source)

INDONESIA - CAPITAL MARKETS - Indonesia details Sukuk auction for 12 June

www.cpifinancial.net -The Ministry will be selling six-month Shari’ah T-bills and project-based Sukuk across a range of maturities: six, 10, 15 and 25 years (respectively, 2018, 2022, 2027 and 2037).

Indonesia’s most recent Sukuk auction on 22 May also had an indicative target of IDR 1 trillion but only raised IDR 550 billion despite receiving bids totalling IDR 1.42 trillion. Thee country has a fund-raising target of IDR 46.5 trillion in both conventional and Shari’ah bonds for Q2 2011. (source)

INDONESIA - CAPITAL MARKETS - Indonesia raises 755 bln rph from sharia T-bill auction

www.reuters.com - May 9 (Reuters) - Indonesia's finance ministry sold 755 billion rupiah ($82.11 million) from an additional sukuk auction on Wednesday, said the debt office which gave no target for the auction.
The ministry sold the six-month sharia T-bill with a weighted average yield at 3.82887 percent and a 1.26 bid-to-cover ratio. (source)

CAPITAL MARKETS - Govt plans to introduce sukuk, sharia T-bills

The Finance Ministry’s debt management office plans to introduce new sharia-compliant debt instruments, an official says.

Those instruments include Islamic bonds (sukuk) designated for infrastructure projects and sharia short-term Treasury bills. (source)