Indonesian Sukuk Offering Falls Short
On February 26, 2014 · In Indonesia, Islamic Bonds, Shariah Bonds, SUKUK
Indonesia’s finance ministry raised 1 trillion rupiah ($85.86 million) at a sukuk auction on Tuesday, below an indicative target of 1.5 trillion rupiah, the ministry’s debt office said.
Southeast Asia’s biggest economy only sold six-month sharia T-bills. There were no winning bids for the six-, 13- and 29-year project-based sukuk.