Director General of Debt Management at the Ministry of Finance, Rahmat Waluyanto, said the sukuk and bond issuance is aimed at meeting most of the financing for the 2011 State Budget.
According to him, the issuance will take place at a period considered as being appropriate. "The first semester usually is a good timing," said Rahmat in the Coordinating Ministry for the Economy's office today, September 15. Early-year issuance is chosen because the government always applies front loading strategy.
As for the global bond issuance next year, Rahmat went on to say, the target market will be of no difference. A part of Middle East, Asia, and Europe are still the strategic places for the bond issuance.
Rahmat said the extension of sukuk offer next year may touch the United States. "Around 30 percent of investors in the United States are willing to have them," he said.
Source : http://en.vivanews.com/news/read/177644-govt-ready-to-issue-sukuk---global-bond - Sept 15, 2010
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