The Indonesian government launched its first rupiah denominated auction Sukuk on the 13th October last year which failed to attract any winning bids as investors demanded higher yields. Its second auction held a month later attracted only IDR200 billion (US$22.4 million), less than 5% of the incoming bids.
Showing posts with label siwiwardhani. Show all posts
Showing posts with label siwiwardhani. Show all posts
Sunday, November 07, 2010
CAPITAL MARKETS - INDONESIA - Exit Auction Sukuk?
The Indonesian government launched its first rupiah denominated auction Sukuk on the 13th October last year which failed to attract any winning bids as investors demanded higher yields. Its second auction held a month later attracted only IDR200 billion (US$22.4 million), less than 5% of the incoming bids.
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