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The Jakarta Post
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DKI Jakarta, Indonesia
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Govt’s Islamic debt-paper sales reach record high

  • Linda Yulisman

    The Jakarta Post

Jakarta | Tue, March 20 2012 | 09:00 am

The government has collected Rp 13.6 trillion (US$1.49 billion) in an Islamic debt-paper (sukuk) issuance, the highest amount since it was introduced in 2008, after seeing strong demand from local individual investors.

“During the offer period, investors ordered Rp 19 trillion, but we could only provide Rp 13.6 trillion, which is the upper limit of all previous Islamic retail bonds,” Ra...

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