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Jakarta Post
The Jakarta Post
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Retail sukuk bonds a hit with investors

  • Aditya Suharmoko


JAKARTA | Tue, February 24 2009 | 11:02 am
Retail sukuk bonds  a hit with investors

PREMIUM The volume of  the new government retail sukuk (Islamic bonds) absorbed by individual investors is exceeding government expectations. That was according to official figures released by the Finance Ministry on Monday. The government managed to book orders of up to Rp 5.56 trillion (US$ 496.4 million) of retail sukuk in less than a month, or about 3 times its initial target of Rp 1.77 t...