INDONESIA - CAPITAL MARKETS - Demand global sukuk Indonesia exceeds U.S. $ 6.5 billion

JAKARTA: The Global Sukuk deals worth U.S. $ 1 billion was oversubscribed 6.5 times as much or U.S. $ 6.5 billion from 250 investors.

 
Director General of Debt Management Rahmat Waluyanto MoF said that the Government of Indonesia through Indonesia SBSN SPV Publishing Company 2 has made pricing USD Global Sukuk worth U.S. $ 1 billion with a tenor of 7 years yesterday.

'Price' at par 'at yield or coupon of 4%, "he said via instant message, this afternoon. (source)

FINANCE - JCI Records Biggest Gain in 3 Months as Investors Make Up for Lost Time

Indonesia’s benchmark stock index shot up on huge volume on Wednesday, posting its biggest gain in more than three months as it played catch-up with regional markets after a long holiday.

The Jakarta Composite Index leaped higher by 126.14 points, or 3.9 percent, to a record high of 3,357.03. It was its steepest gain since May 26.