www.thejakartaglobe.com - Indonesia plans to raise the equivalent of almost $2 billion in combined
yen- and dollar-denominated Islamic bonds later this year as part of
its efforts to plug a widening budget deficit.
Southeast Asia’s
largest economy plans sell $750 million of so-called samurai bonds and
$1 billion of US-currency bonds, both of them sukuk, in October.
“The
figures and timing are still moving,” Robert Pakpahan, acting chief of
the debt management office at the Finance Ministry, told the Jakarta
Globe via text message on Friday. (source)
Showing posts with label auction. Show all posts
Showing posts with label auction. Show all posts
Monday, August 13, 2012
Thursday, August 09, 2012
INDONESIA - CAPITAL MARKETS - State Government Selling Rp540 Billion Sukuk
www.investor.co.id - JAKARTA - The government sold the state sukuk amounting to Rp540 billion to meet part of the 2012 state budget targets. The amount is greater than the indicative target of Rp500 billion in the previous set.
A press release Directorate General of Debt Management, Ministry of Finance on Wednesday said the country's sukuk sale by auction on Tuesday (7/8) in which the bids of the five countries offered sukuk series reached Rp1, 93 trillion.
Five countries that auctioned sukuk series is SPN-S08022013, PBS001, PBS002, PBS003, and PBS004. (source)
A press release Directorate General of Debt Management, Ministry of Finance on Wednesday said the country's sukuk sale by auction on Tuesday (7/8) in which the bids of the five countries offered sukuk series reached Rp1, 93 trillion.
Five countries that auctioned sukuk series is SPN-S08022013, PBS001, PBS002, PBS003, and PBS004. (source)
INDONESIA - CAPITAL MARKETS - Result auction August 7, 2012
www.bi.go.id - On this day, Tuesday, August 7, 2012, has conducted auctions State Sharia Securities (SBSN) or State Sukuk series SPN-S 08,022,013 (new issuance), PBS001 (reopening), PBS002 (reopening), PBS003 (reopening), and PBS004 (reopening) through the auction of Bank Indonesia. In accordance with the authority granted by Law No. 19 Year 2008 on State Sharia Securities, then the auction results are as follows: (source)
INDONESIA - CAPITAL MARKETS - AUCTION RESULTS SUKUK yield at auction sukuk Demand remains high
www.ibpa.com - JAKARTA. State Sharia Securities Auction (SBSN) flooded bid placements. Bids reach Rp 1.93 trillion, nearly four times that of the government's target, which only Rp 500 billion.
Series of five sukuk offerings, the government only won two series. Both are PBS001 (reopening), which was won by the weighted average yield of 5.65%, and PBS004 (reopening) with a yield of 6.71% amounting to Rp 540 billion.
Three other sukuk series is not won, the SPN-S 08022013 (new issuance), PBS002 (reopening) and PBS003 (reopening). (source)
Series of five sukuk offerings, the government only won two series. Both are PBS001 (reopening), which was won by the weighted average yield of 5.65%, and PBS004 (reopening) with a yield of 6.71% amounting to Rp 540 billion.
Three other sukuk series is not won, the SPN-S 08022013 (new issuance), PBS002 (reopening) and PBS003 (reopening). (source)
Wednesday, August 08, 2012
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)
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)
Wednesday, July 25, 2012
INDONESIA - CAPITAL MARKETS - Absorb emerintah Only Auction Rp 460 billion of Sukuk State
www.ibpa.co.id - JAKARTA (IFT) - The Securities auction Sharia State (SBNS) or State Sukuk is not very attractive. The
government only won investor demand of Rp 460 billion from the total
amount of the bids amounting to Rp 1.9 trillion and won only one series
of government.
One series was won by the government PBS004 tenor of 25 years with an average of 6.69%. Bond analysts said the government was still reluctant to meet the demand for yield (yied) higher than the investor.
Herbie Mohede, Bond Analyst PT Samuel Asset Management said this was evidence the government still has a strong bargaining position. "It's one of the evidence the government had a strong enough position not meet investor demand. The government wants a stable secondary market for sukuk, "said Herbie. (full story)
One series was won by the government PBS004 tenor of 25 years with an average of 6.69%. Bond analysts said the government was still reluctant to meet the demand for yield (yied) higher than the investor.
Herbie Mohede, Bond Analyst PT Samuel Asset Management said this was evidence the government still has a strong bargaining position. "It's one of the evidence the government had a strong enough position not meet investor demand. The government wants a stable secondary market for sukuk, "said Herbie. (full story)
INDONESIA - CAPITAL MARKETS - Auction Plan SBSN or Sukuk State On On July 24, 2012
www.ibpa.co.id- On Tuesday, July 24, 2012, the Government of Indonesia will conduct the Auction Sales State Sharia Securities (SBSN) or State project-based Sukuk (Sukuk Based Project) Series is PBS001 (reopening), PBS002 (reopening), PBS003 (reopening) and PBS004 (reopening). They will also be auctioned State Sukuk series SPN-S 25012013 (new issuance) to meet part of the national budget financing target in 2012. Learn more (full story)
INDONESIA - CAPITAL MARKETS - Sukuk investors want a high yield
www.ibpa.co.id - JAKARTA. The Government held a State Sharia Securities (SBSN), Tuesday (24/7) future. Of
the instrument auction, which is also popularly known as sukuk country,
the government is targeting the acquisition of funds worth Rp 500
billion.There are five series of project-based sukuk countries (project based sukuk) has to offer. Four series have been offered in previous auction, alias status of reopening, the PBS001, PBS002, PBS003, and PBS004. One more series is a new publication that SPN-S 25,012,013. (full story)
INDONESIA - CAPITAL MARKETS - Result Sovereign Sukuk Auction July 24, 2012
www.bi.go.id - On this day, Tuesday, July 24, 2012, has conducted auctions State Sharia Securities (SBSN) or State Sukuk series SPN-S 25,012,013 (new issuance), PBS001 (reopening), PBS002 (reopening), PBS003 (reopening), and PBS004 (reopening) through the auction of Bank Indonesia. In accordance with the authority granted by Law No. 19 Year 2008 on State Sharia Securities, then the auction results are as follows: (attached) (full story)
INDONESIA - CAPITAL MARKETS - Indonesia raises 460 bln rph in sukuk auction
www.reuters.com - (Reuters) - Indonesia
raised 460 billion rupiah ($48.65 million) from a sukuk auction on
Tuesday, lower than a target of 500 billion rupiah, the debt office
said.
The country only sold 25-year project-based sukuk at a weighted average yield of 6.69 percent. There were no winning bids for one-year sharia T-bills and six-year, 10-year as well as 15-year project-based sukuk. (full story)
The country only sold 25-year project-based sukuk at a weighted average yield of 6.69 percent. There were no winning bids for one-year sharia T-bills and six-year, 10-year as well as 15-year project-based sukuk. (full story)
Wednesday, July 18, 2012
INDONESIA - CAPITAL MARKETS - Government To Issue IDR42 Trilliion Bonds
www.bisnis.com - JAKARTA: The government projected the Government Bond issuance valued at
IDR42 trillion throughout semester II/2012 to cover state budget
deficit in 2012 which reached IDR190.8 trillion.
Ministry of Finance’s Debt Management Director General Rahmat Waluyanto said the government bond issuance realization with front loading strategy up to semester I/2012 has reached approximately 55% of the issuance target (gross) of IDR271 trillion.
Meanwhile, based on data from the Ministry of Finance, throughout the semester I/2012 government has scooped financing from government bond issuance amounting to IDR117.6 trillion or 73.68% of the 2012 revised state budget target of IDR159.6 trillion. (source)
Ministry of Finance’s Debt Management Director General Rahmat Waluyanto said the government bond issuance realization with front loading strategy up to semester I/2012 has reached approximately 55% of the issuance target (gross) of IDR271 trillion.
Meanwhile, based on data from the Ministry of Finance, throughout the semester I/2012 government has scooped financing from government bond issuance amounting to IDR117.6 trillion or 73.68% of the 2012 revised state budget target of IDR159.6 trillion. (source)
INDONESIA - CAPITAL MARKETS - Indonesian aims to raise 500 bln rph in July 24 sukuk auction
www.reuters.com - (Reuters) - Indonesia aims to raise 500
billion rupiah ($52.91 million) in a sukuk auction on July 24,
the debt office said in a statement on Tuesday.
The finance ministry plans to offer 6-month sharia T-bills and long terms project-based sukuk with maturities of 6-, 10-, 15- and 25-years. (source)
The finance ministry plans to offer 6-month sharia T-bills and long terms project-based sukuk with maturities of 6-, 10-, 15- and 25-years. (source)
Tuesday, July 17, 2012
INDONESIA - CAPITAL MARKETS - Results Sukuk Auction July 10
www.bi.go.id - On this day, Tuesday, July 10, 2012, has conducted auctions State Sharia Securities (SBSN) or State Sukuk series SPN-S 11,012,013 (new issuance), PBS001 (reopening), PBS002 (reopening), PBS003 (reopening), and PBS004 (reopening) through the auction of Bank Indonesia. In accordance with the authority granted by Law No. 19 Year 2008 on State Sharia Securities, then the auction results are as follows: (source)
INDONESIA - CAPITAL MARKETS - Auction July 10 : Sukuk investors are not Absorb Country Auction
www.ibpa.co.id - JAKARTA
(IFT) - The government does not win all the bids in the auction of
state securities or sukuk Islamic countries do Tuesday (10/7). Finance Ministry official said the government did not win because it offers investors demand in return (yield) is too high.
The results of the sukuk auction held Tuesday, was the worst in 2012. Number of bids reached Rp 1.22 trillion from five series offered through an auction mechanism. The government cut the indicative target of Rp 500 billion from Rp 1 trillion in the previous auction. (source)
The results of the sukuk auction held Tuesday, was the worst in 2012. Number of bids reached Rp 1.22 trillion from five series offered through an auction mechanism. The government cut the indicative target of Rp 500 billion from Rp 1 trillion in the previous auction. (source)
Thursday, July 05, 2012
INDONESIA - CAPITAL MARKETS - Indonesia aims to raise 500 bln rph in sukuk auction
www.reuters.com - (Reuters) - Indonesia aims to raise 500
billion rupiah ($53.30 million) in a sukuk auction on July 10
from the sales of sharia T-bills and project-based sukuk, the
finance ministry said on Tuesday. (source)
Wednesday, June 27, 2012
INDONESIA - CAPITAL MARKETS - Auction results sukuk June 26
www.bi.go.id - On this day, Tuesday, June 26, 2012, has conducted auctions State Sharia Securities (SBSN) or Sukuk series PBS001 State (reopening), PBS002 (reopening), PBS003 (reopening), and PBS004 (reopening) through the auction of Bank Indonesia. In accordance with the authority granted by Law No. 19 Year 2008 on State Sharia Securities, then the auction results are as follows: (source)
INDONESIA - CAPITAL MARKETS - Sovereing Sukuk demand fell 29,6 %
www.bisnis.com - JAKARTA:
investor demand for securities in Islamic countries (SBSN) or a state
known as sukuk was listed on the auction day only Rp1, 59 trillion, down
29.6% from the previous auction of Rp2, 26 trillion.
Data Directorate General of Debt Management, Ministry of Finance says investors sukuk many countries pursue the tenor of 6 years to reach Rp916 billion PBS001.
Furthermore, incoming requests for the three other series that PBS002, PBS003, and PBS004 each of Rp266 billion, Rp261 billion and Rp150 billion.
The yield investors demanded to be in the range 5.8% -7.88% to 5.81% -7% breakdown for PBS001 series, 6.53% -7% for PBS002 series, 6.94% -7.5% for the series PBS003, and 7.28% -7.87% for the series PBS004. (source)
Data Directorate General of Debt Management, Ministry of Finance says investors sukuk many countries pursue the tenor of 6 years to reach Rp916 billion PBS001.
Furthermore, incoming requests for the three other series that PBS002, PBS003, and PBS004 each of Rp266 billion, Rp261 billion and Rp150 billion.
The yield investors demanded to be in the range 5.8% -7.88% to 5.81% -7% breakdown for PBS001 series, 6.53% -7% for PBS002 series, 6.94% -7.5% for the series PBS003, and 7.28% -7.87% for the series PBS004. (source)
Friday, June 22, 2012
INDONESIA - CAPITAL MARKETS - Indonesia to sell US$106.4-M Islamic Bond
www.livetradingnews.com -Indonesia is scheduled to sell sovereign Islamic bond on 26 June at
indicative value of 1-T Rupiah (about US$106.4-M), aiming at financing
the state budget this year, a statement released by the financial
ministry said Wednesday.
The sale of the Islamic bond would be conducted through auction basis, to sell 4 series of the bond, maturing from Y’s 2018 to 2037 and providing rate of returns between 4.45 to 6.10%.
In its revised budget this year, Indonesian government has proposed to raise net bond sales by 25-T Rupiah to 159.6-T Rupiah this year due to widening budget deficit. (source)
The sale of the Islamic bond would be conducted through auction basis, to sell 4 series of the bond, maturing from Y’s 2018 to 2037 and providing rate of returns between 4.45 to 6.10%.
In its revised budget this year, Indonesian government has proposed to raise net bond sales by 25-T Rupiah to 159.6-T Rupiah this year due to widening budget deficit. (source)
Wednesday, June 20, 2012
INDONESIA - CAPITAL MARKETS - Government Auction Sukuk Rp1 Trillion
www.investor.co.id - JAKARTA
- The government will sell securities in Islamic countries (SBSN) or
sukuk countries through an auction on June 26, 2012 with a total
indicative Rp1 trillion.
Written statement of the Directorate General of Debt Management, Ministry of Finance on Wednesday, said the sukuk sale of the country to meet part of the national budget financing target in 2012.
There are four series of the sukuk to be auctioned is PBS001, PBS002, PBS003, and PBS004. Four series of project-based sukuk is the resale of the state budget.
PBS001 maturing February 15, 2018 in exchange for 4.45%. PBS002 maturing January 15, 2022 in exchange for 5.45%. PBS003 maturing January 15, 2027 in exchange for 6.00%. While PBS004 maturing February 15, 2037 in exchange for 6.10%. (source)
Written statement of the Directorate General of Debt Management, Ministry of Finance on Wednesday, said the sukuk sale of the country to meet part of the national budget financing target in 2012.
There are four series of the sukuk to be auctioned is PBS001, PBS002, PBS003, and PBS004. Four series of project-based sukuk is the resale of the state budget.
PBS001 maturing February 15, 2018 in exchange for 4.45%. PBS002 maturing January 15, 2022 in exchange for 5.45%. PBS003 maturing January 15, 2027 in exchange for 6.00%. While PBS004 maturing February 15, 2037 in exchange for 6.10%. (source)
Friday, June 15, 2012
INDONESIA - CAPITAL MARKETS - SUKUK GLOBAL: Fitri plan published after 2012
www.bisnis.com - JAKARTA: The government plans to issue Sharia Government Securities (sukuk) around global III/2012 quarter or after the Hari Raya holiday.
Waluyanto, Director General of Debt Management, Ministry of Finance, said that while the European crisis has not abated, but the issuance of global sukuk Samurai Bond and still according to plan.
"Still on schedule, that's a crisis in Europe. We are monitoring the market and the market there is still interest in it," he said in Parliament Monday, June 11, 2012. (source)
Waluyanto, Director General of Debt Management, Ministry of Finance, said that while the European crisis has not abated, but the issuance of global sukuk Samurai Bond and still according to plan.
"Still on schedule, that's a crisis in Europe. We are monitoring the market and the market there is still interest in it," he said in Parliament Monday, June 11, 2012. (source)
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