INDONESIABONDS.COM - Trading activities sharply increased in Indonesia’s short-dated sukuk in the days following an auction of the Islamic paper last week, raising hopes trading liquidity in the paper would soon improve sooner than expected, but will it last?
The finance ministry had often failed to sell sukuk in the past as investors demanded yields much higher than comparable conventional papers due to a lack of trading liquidity in the paper. The government expected to boost sukuk trading in the world’s most populous Muslim nation and widen its investor base including from the Middle East countries. (source)
