Indonesia Sells 4.075 Trillion Rupiah of Islamic Bonds, Below Target
TIMESINDONESIA, JAKARTA – Indonesia's finance ministry sold 4.075 trillion rupiah ($306.16 million) of Islamic bonds at an auction, below the indicative target of 6 trillion rupiah, its financing and risk management office said on Tuesday.
The weighted average yield for Islamic T-bills maturing in November 2017 was 5.50538 percent.
The project-based sukuk maturing in May 2019 had a weighted average yield of 6.92955 percent, lower than the previous auction's 6.93000 percent on April 18.
The weighted average yield for the project-based sukuk maturing in May 2021 was 7.04090 percent.
The project-based sukuk maturing in November 2031 had a weighted average yield of 7.94991 percent, higher than 7.94986 percent at the previous auction.
There were no winning bids for the project-based sukuk maturing in August 2023.
Total incoming bids on Tuesday were 10.95 trillion rupiah, lower than the previous auction's 14.33 trillion rupiah. (*)
($1 = 13,310 rupiah)
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Editor | : Khoirul Anwar |
Publisher | : Satria Bagus |
Sumber | : India Times |