Indonesia Shariah Bond Offering Falls Short of Target
On March 12, 2014 · In Indonesia, Islamic Bonds, Islamic Finance, Shariah Bonds, Shariah Finance, SUKUK
Indonesia’s finance ministry raised 1.273 trillion rupiah ($111.8 million) in a sale of its shariah bonds (sukuk) this week, below an indicative target of 1.5 trillion rupiah.
Sukuk offerings have often fallen short of targets due to concerns about an historically high default rate and lack of liquidity.
http://www.reuters.com/article/2014/03/11/indonesia-economy-debt-idUSL3N0M81P220140311
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