Showing posts with label postpone. Show all posts
Showing posts with label postpone. Show all posts

Friday, April 20, 2012

INDONESIA - CAPITAL MARKETS - ISLAMIC BOND: Government postpones bond issuance to 2013

www.bisnis.com - JAKARTA: The government announced plan to postpone issuance of Islamic bond (sukuk) for financing project from second semester 2012 to 2013.


Dahlan Siamat, Director of Sharia Financing at Directorate General of Debt Management of Ministry of Finance, said the plan to issue sukuk, or project financing sukuk, has not been included in the revised State Budget (APBNP) in 2012 which was passed last March.


"I think project financing is rather difficult. It is impossible to be issued this year, maybe next year, because it must be approved by the House first," Dahlan said here on Tuesday (17/04/2012).  (source)