Indonesia raises $790.5mln from Islamic bond auction

Stanley Widianto, Reuters News,
Indonesia’s finance ministry made the announcement

JAKARTA – Indonesia has raised 12 trillion rupiah ($790.51 million) in an Islamic bond auction, lower than the indicative target of 14 trillion rupiah, its finance ministry said on Tuesday.

Incoming bids were 30.45 trillion rupiah.

($1 = 15,180.0000 rupiah)

(Reporting by Stanley Widianto; Editing by Martin Petty)

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