Business & Finance
Indonesia raises 6.14trn rupiah from Islamic bond auction
- The comparable project-based sukuk were sold with lower average yields than in the previous auction on Nov. 24.
JAKARTA: Indonesia raised 6.14 trillion rupiah ($435.5 million) from an Islamic bonds auction on Tuesday, slightly above indicative target, the finance ministry said in a statement.
The comparable project-based sukuk were sold with lower average yields than in the previous auction on Nov. 24.
The auction drew bids amounting to 27.8 trillion rupiah.
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