INDONESIA - CAPITAL MARKETS - Indonesia Waiting for ‘Window’ to Sell Dollar Islamic Bonds

Indonesia is waiting for the right timing to proceed with its second international offering of Shariah-compliant bonds, Dahlan Siamat, director of Islamic finance at the government’s debt management office, said today.

“We are waiting for a window,” Siamat said in a telephone interview from Jakarta. “We are still watching market movements.” He declined to elaborate. (source)

INDONESIA - CAPITAL MARKETS - Indonesia plans to sell $500 mln global sukuk this year

biz.thestar.com - KUALA LUMPUR: The Indonesian Finance Ministry is targetting a $500 million 5-year global sukuk issuance this year, an official told reporters at an Islamic finance forum here on Monday.

"We are looking for the benchmark tenor, but we hope to have longer (tenures)," Dwi Irianti Hadiningdyah, deputy director of Islamic Financing for the ministry's debt management office, said.  (source)