www.theindonesiatoday.com - JAKARTA, Indonesia Today - The Finance Ministry plans to issue project based sukuk with indicative target of Rp1 trillion in March 27, 2012. The proceed will be used to support the state budget.
The sukuk consists of 4 series;
1. PBS001 series with yield of 4.45000% and to mature in February 15, 2018
2. PBS002 series with yield of 5.45000% and to mature in January 15, 2022
3. PBS003 series with yield of 6.00000% and to be due in January 15, 2027
4. PBS004 series with 6.1000% yield and to be due in February 15, 2037. (source)
Showing posts with label retail. Show all posts
Showing posts with label retail. Show all posts
Monday, March 26, 2012
Tuesday, March 20, 2012
INDONESIA - CAPITAL MARKETS - Govt’s Islamic debt-paper sales reach record high
www.thejakartapost.com - The government has collected Rp 13.6 trillion (US$1.49 billion) in an Islamic debt-paper (sukuk) issuance, the highest amount since it was introduced in 2008, after seeing strong demand from local individual investors.
“During the offer period, investors ordered Rp 19 trillion, but we could only provide Rp 13.6 trillion, which is the upper limit of all previous Islamic retail bonds,” Rahmat Waluyanto, the Finance Ministry’s director general for debt management, told a press briefing on Monday. (source)
“During the offer period, investors ordered Rp 19 trillion, but we could only provide Rp 13.6 trillion, which is the upper limit of all previous Islamic retail bonds,” Rahmat Waluyanto, the Finance Ministry’s director general for debt management, told a press briefing on Monday. (source)
INDONESIA - CAPITAL MARKETS - Indonesia sells 13.6 trln rph retail sukuk
www.reuters.com - (Reuters) - Indonesia's finance ministry sold a record 13.6 trillion rupiah ($1.49 billion) in retail sukuk after receiving 19 trillion rupiah in demand, debt office chief Rahmat Waluyanto said on Monday.
The three-year retail sukuk has a coupon of 6.25 percent and can only be bought by individual investors who are Indonesian citizens. The ministry initially set an indicative target of 10 trillion rupiah. (source)
The three-year retail sukuk has a coupon of 6.25 percent and can only be bought by individual investors who are Indonesian citizens. The ministry initially set an indicative target of 10 trillion rupiah. (source)
INDONESIA - CAPITAL MARKETS - RI man Makin Kaya, Laris Manis Retail Sukuk Rp 13.6 trillion
www.detik.com - Jakarta - Retail Sukuk sellers agent SR-004 series targets sales of Rp 19 trillion. But the government said it would only absorb Rp 13.6 trillion.
Finance Ministry Director General of Debt Management Rahmat Waluyanto said as many as 34% of buyers Retail Sukuk is the productive age group of 25-40 years. This shows the level of productive welfare is high.
"It shows the population of Indonesia is rich," said Grace in her office, Buffalo Field Road, Jakarta, Monday (19/03/2012). (source)
Finance Ministry Director General of Debt Management Rahmat Waluyanto said as many as 34% of buyers Retail Sukuk is the productive age group of 25-40 years. This shows the level of productive welfare is high.
"It shows the population of Indonesia is rich," said Grace in her office, Buffalo Field Road, Jakarta, Monday (19/03/2012). (source)
INDONESIA - CAPITAL MARKETS - Great! Retail Sukuk Borong PNS Rp 3.3 Trillion
www.detik.com - Jakarta - The government will only absorb Rp 13.6 trillion by selling retail sukuk SR-004 from Rp 19 trillion ordering. A total of 24.36% of purchase orders are carried out by civil servants.
Thus the announcement of the sale of SR-004 Retail Sukuk by the Directorate General of Debt Management, Ministry of Finance was quoted on Monday (3/19/2012).
This has a retail sukuk yield 6.25% per year and will be published March 21, 2012 and will be due 21 September 2015. The yield will be paid on December 21 of each month. (source)
Thus the announcement of the sale of SR-004 Retail Sukuk by the Directorate General of Debt Management, Ministry of Finance was quoted on Monday (3/19/2012).
This has a retail sukuk yield 6.25% per year and will be published March 21, 2012 and will be due 21 September 2015. The yield will be paid on December 21 of each month. (source)
INDONESIA - CAPITAL MARKETS - Retail Sukuk "Laris Manis' Rp 11.7 trillion in 9 Days
www.detik.com - Jakarta - retail sukuk Instruments SR-004 series has sold Rp 11.76 trillion in the nine-day supply. Government retail sukuk is offered through a selling agent 24.
This was stated by Finance Ministry Director General of Debt Management Rahmat Waluyanto to detikFinance, Wednesday (03/14/2012).
"Actual sales of around Rp 11.766 trillion realtors. Number of investors 15 165 people. There were 20 selling agents who ask for upsize (additional allotments) with a total of Rp 5.479 trillion and no downsize. Thus all dealer sales projections Rp 19.149 trillion," Grace explained. (source)
This was stated by Finance Ministry Director General of Debt Management Rahmat Waluyanto to detikFinance, Wednesday (03/14/2012).
"Actual sales of around Rp 11.766 trillion realtors. Number of investors 15 165 people. There were 20 selling agents who ask for upsize (additional allotments) with a total of Rp 5.479 trillion and no downsize. Thus all dealer sales projections Rp 19.149 trillion," Grace explained. (source)
Monday, March 19, 2012
INDONESIA - CAPITAL MARKETS - Indonesia sells 13.6 trln rph retail sukuk
www.reuters.com - (Reuters) - Indonesia's finance ministry sold a record 13.6 trillion rupiah ($1.49 billion) in retail sukuk after receiving 19 trillion rupiah in demand, debt office chief Rahmat Waluyanto said on Monday.
The three-year retail sukuk has a coupon of 6.25 percent and can only be bought by individual investors who are Indonesian citizens. The ministry initially set an indicative target of 10 trillion rupiah. (source)
The three-year retail sukuk has a coupon of 6.25 percent and can only be bought by individual investors who are Indonesian citizens. The ministry initially set an indicative target of 10 trillion rupiah. (source)
Saturday, March 17, 2012
INDONESIA - CAPITAL MARKETS - Underlying assets of Islamic retail bonds at IDR40 trillion
www.bisnis.com - JAKARTA: The government claims underlying assets of Islamic retail bonds or Sukuk Ritel 004 was IDR40 trillion, though the warranty has not yet been published.
The high value of the warranty possibly makes the government to increase the issuance value of Sukri 004, eventhough there is no further decision.
Head of Public Services and Investor relation of Sharia Development Directorate at Ministry of Finance Erri Haryanto said underlying assets which can be used to issue Ijarah retail bond is IDR40 trillion. (source)
The high value of the warranty possibly makes the government to increase the issuance value of Sukri 004, eventhough there is no further decision.
Head of Public Services and Investor relation of Sharia Development Directorate at Ministry of Finance Erri Haryanto said underlying assets which can be used to issue Ijarah retail bond is IDR40 trillion. (source)
INDONESIA - CAPITAL MARKETS - SUKUK RETAIL 004: 12 104 Investors have Rp9, 28 trillion
www.bisnis.com - JAKARTA: To enter the fourth day of sales period, total fourth-order retail sukuk has reached Rp9, 28 trillion, 67.89% of the total commitment of the seller's agent for Rp13, 67 trillion.
Ministry of Finance Debt Management Director General Rahmat Waluyanto explains that calculation came from 21 sellers agent for three other realtors have not submitted reports.
"Total bookings Rp9, 28 billion came from 12 104 investors," he said, this afternoon. (Photo: investment-saham.com) (source)
Ministry of Finance Debt Management Director General Rahmat Waluyanto explains that calculation came from 21 sellers agent for three other realtors have not submitted reports.
"Total bookings Rp9, 28 billion came from 12 104 investors," he said, this afternoon. (Photo: investment-saham.com) (source)
INDONESIA - CAPITAL MARKETS - Sukri 004: No plans upsize
www.bisnis.com - JAKARTA: The government has planned to increase (upsize) the indicative target of funds from the issuance of Sukuk Retail (Sukri) 004 flooded with requests though.
Head of Investor Relations and Public Service Directorate of the Ministry of Finance Sharia Erri Hariyanto said there are several things to consider in making upsize Sukri 004.
"Upsize must memertimbangkan global economic conditions and government financing strategy for this year," he said in Jakarta, Monday, March 12, 2012. (source)
Head of Investor Relations and Public Service Directorate of the Ministry of Finance Sharia Erri Hariyanto said there are several things to consider in making upsize Sukri 004.
"Upsize must memertimbangkan global economic conditions and government financing strategy for this year," he said in Jakarta, Monday, March 12, 2012. (source)
INDONESIA - CAPITAL MARKETS - SUKUK RETAIL 004: Wow ordering achieved Rp10, 38 trillion
www.bisnis.com - JAKARTA: Within a week, total fourth-order or retail sukuk Sukri 004 has reached Rp10, 38 trillion, 75.93% of the total commitment realtors Rp13, 67 trillion.
Ministry of Finance Debt Management Director General Rahmat Waluyanto explain the calculation is derived from the selling agent Sukri 004 reports per March 9.
"Total bookings reached Rp10, 38 trillion of 13 651 investors," he said, Saturday, March 10, 2012. (source)
Ministry of Finance Debt Management Director General Rahmat Waluyanto explain the calculation is derived from the selling agent Sukri 004 reports per March 9.
"Total bookings reached Rp10, 38 trillion of 13 651 investors," he said, Saturday, March 10, 2012. (source)
INDONESIA - CAPITAL MARKETS - SUKUK RETAIL 004: H-1, booking nearly 100%
www.bisnis.com - JAKARTA: Entering the H-1 004 Sukri offering period, a total of 004 bookings Sukri has reached Rp13, 18 trillion, or 96.42% of the total initial commitment of the seller's agent for Rp13, 67 trillion.
Ministry of Finance Debt Management Director General Rahmat Waluyanto explain the calculation is derived from the 23 sales agent for a seller's agent have yet to report.
"Daily report of sales Sukri 004 on March 15, 2012, from 23 AP [dealer] who delivered the report, total orders amounting to Rp13, 18 trillion," he said, today March 16, 2012. (source)
Ministry of Finance Debt Management Director General Rahmat Waluyanto explain the calculation is derived from the 23 sales agent for a seller's agent have yet to report.
"Daily report of sales Sukri 004 on March 15, 2012, from 23 AP [dealer] who delivered the report, total orders amounting to Rp13, 18 trillion," he said, today March 16, 2012. (source)
Friday, March 16, 2012
INDONESIA - CAPITAL MARKETS - Retail sukuk sales target raised to Rp 19t
www.thejakartapost.com - Jakarta: Agents for the Indonesian government’s fourth retail sukuk (Islamic debt papers for individual investors) have raised their sales target by Rp 5.48 trillion (US$595.73 million) to Rp 19.15 trillion due to the strong demand from locals.
As of Tuesday, which was the seventh day of the sukuk’s offer period, 15,165 investors had applied for Rp 11.77 trillion worth of the bonds, Rahmat Waluyanto, the Finance Ministry’s director general for debt management, told The Jakarta Post. (source)
As of Tuesday, which was the seventh day of the sukuk’s offer period, 15,165 investors had applied for Rp 11.77 trillion worth of the bonds, Rahmat Waluyanto, the Finance Ministry’s director general for debt management, told The Jakarta Post. (source)
Thursday, March 15, 2012
INDONESIA - CAPITAL MARKETS - Project the Government of Sukuk Retail Sales to Reach USD 19 Billion
WWW.REPUBLIKA.CO.ID, JAKARTA - The government through the Ministry of Finance (MoF) projecting sales of Sukuk Retail (SR) 004 Series of all the seller's agent (AP) reached Rp 19.149 trillion. Projection of that because there were 20 selling agents require the addition of sukuk sales quota (upsize).
"AP asks upsize with a total value of Rp 5.479 trillion and no one downsize," said Director General of Debt Management, Ministry of Finance, Waluyanto, Tuesday (13/3). (source)
"AP asks upsize with a total value of Rp 5.479 trillion and no one downsize," said Director General of Debt Management, Ministry of Finance, Waluyanto, Tuesday (13/3). (source)
INDONESIA - CAPITAL MARKETS - Retail investors do not Absorb Maximal SUKRI SR-004
WWW.REPUBLIKA.CO.ID, JAKARTA - Sales of retail sukuk (SR) 004 series in Islamic banks absorbed more big investors. Although segmentation of SR-004 to the retail market, small investors would not absorption maximum.
BRI Syariah managed to sell the SR-004 to about Rp 10 billion in one week supply. However, the number was only 20 percent of its sales target SR-004 BRI Syariah which reached Rp 50 billion.
Group Head of Treasury BRI Syariah, Amir Fukadi recognizes SR-004 is absorbed more big investors particularly those in big cities. Retail investors to absorb the SR-004 from small towns. This segmentation'' toward a large, retail (investors) that little more difficult to absorb,'' he said on Tuesday (13/3). (source)
BRI Syariah managed to sell the SR-004 to about Rp 10 billion in one week supply. However, the number was only 20 percent of its sales target SR-004 BRI Syariah which reached Rp 50 billion.
Group Head of Treasury BRI Syariah, Amir Fukadi recognizes SR-004 is absorbed more big investors particularly those in big cities. Retail investors to absorb the SR-004 from small towns. This segmentation'' toward a large, retail (investors) that little more difficult to absorb,'' he said on Tuesday (13/3). (source)
Tuesday, March 13, 2012
INDONESIA - CAPITAL MARKETS - Govt may up-size retail Islamic bond issuance on strong demand
www.thejakartapost.com - The government is considering up sizing the issuance of the nation’s fourth ever retail Islamic debt papers (sukuk) after seeing strong demand from local individual investors.
“There may be an up-size,” Rahmat Waluyanto, director general of the Finance Ministry’s debt management office, told The Jakarta Post on Monday without disclosing details.
About 14,000 investors have ordered Rp 11.1 trillion (US$1.2 billion) worth of the Islamic bonds within the first six days of the offering up to Monday, already nearing selling agents’ more than Rp 13 trillion commitment. (source)
“There may be an up-size,” Rahmat Waluyanto, director general of the Finance Ministry’s debt management office, told The Jakarta Post on Monday without disclosing details.
About 14,000 investors have ordered Rp 11.1 trillion (US$1.2 billion) worth of the Islamic bonds within the first six days of the offering up to Monday, already nearing selling agents’ more than Rp 13 trillion commitment. (source)
INDONESIA - BANKING - Syariah Mandiri reduces corporate loans, boosting retail
en.bisnis.com - JAKARTA: PT Bank Syariah Mandiri, Indonesia’s largest sharia-based bank, will reduce the portion of its corporate loans this year as part of its strategy in increasing retail loans.
“The portion of corporate loans is expected to reach 26% in 2012, lower than that of last year. Last year, the portion was 28%,” said Bank Syariah Mandiri (BSM) Director Amran Nasution over the weekend.
With such target, the growth of corporate loans this year will be lower than that of retail loans. He mentioned that the consideration is the dominating big debtors in banking loans in the country. (source)
“The portion of corporate loans is expected to reach 26% in 2012, lower than that of last year. Last year, the portion was 28%,” said Bank Syariah Mandiri (BSM) Director Amran Nasution over the weekend.
With such target, the growth of corporate loans this year will be lower than that of retail loans. He mentioned that the consideration is the dominating big debtors in banking loans in the country. (source)
Thursday, March 08, 2012
INDONESIA - CAPITAL MARKETS - Indonesia aims to raise 1 trln rupiah in sukuk auction
www.reuters.com - (Reuters) - Indonesia aims to raise 1 trillion rupiah ($109.62 million) from a sukuk auction on Mar 13, the debt office said in a statement on Tuesday.
Earlier on Tuesday, Indonesia finance ministry raised 1.6 trillion rupiah from a debt auction, below its target of 5 trillion rupiah as investors trimmed their holdings on global woes and uncertainties over a planned fuel price hike. (source)
Earlier on Tuesday, Indonesia finance ministry raised 1.6 trillion rupiah from a debt auction, below its target of 5 trillion rupiah as investors trimmed their holdings on global woes and uncertainties over a planned fuel price hike. (source)
INDONESIA - CAPITAL MARKETS - Sukri 004: BRI Syariah targeting 50 billion
www.bisnis.com - MAKASSAR: PT Bank BRI Syariah retail state sukuk sales targets or Sukri 004 reached 50 billion, with sales offices throughout Indonesia.
Product offering in conjunction with the Investor and Investment Media Gathering with the theme Most moncer in 2012, which held that syariah-based banking, Wednesday, March 7, 2012.
Treasury Group Head BRI Syariah Fukadi Amir said in addition to market Sukri in the primary market, it also becomes the buyer mode if there Sukri resale in the secondary market. (source)
Product offering in conjunction with the Investor and Investment Media Gathering with the theme Most moncer in 2012, which held that syariah-based banking, Wednesday, March 7, 2012.
Treasury Group Head BRI Syariah Fukadi Amir said in addition to market Sukri in the primary market, it also becomes the buyer mode if there Sukri resale in the secondary market. (source)
INDONESIA - CAPITAL MARKETS - Sukri 004 requests through Rp11 trillion
www.bisnis.com - JAKARTA: The demand for retail investors to the sukuk or Sukri 004 through the seller's agent has penetrated the Rp11 trillion.
This is revealed in a briefing event marketing team Sukri 004 realtors in the office held by the Directorate General of Debt Management, Ministry of Finance, Friday, March 2, 2012.
One dealer who declined to be identified said the government's commitment to deliver total sales of 24 proposed by the seller's agent has exceeded 004 Sukri Rp11 trillion. (source)
This is revealed in a briefing event marketing team Sukri 004 realtors in the office held by the Directorate General of Debt Management, Ministry of Finance, Friday, March 2, 2012.
One dealer who declined to be identified said the government's commitment to deliver total sales of 24 proposed by the seller's agent has exceeded 004 Sukri Rp11 trillion. (source)
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