JAKARTA: Indonesia raised 8.03 trillion rupiah ($563.11 million) in a biweekly Islamic bond auction on Tuesday, matching the indicative target, according to the financing and risk management office at the finance ministry.
The weighted average yields of project-based sukuk sold on Tuesday were higher compared with yields of comparable sukuk at the previous auction on July 23.
Total incoming bids were 18.05 trillion rupiah.
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