by Ifaas

Indonesia raises $889mln from Islamic bond auction

Indonesia’s finance ministry made the announcement

Stefanno Sulaiman, Reuters News

January, 2023

 

JAKARTA – Indonesia raised 13.85 trillion rupiah ($888.96 million) in an Islamic bond auction on Tuesday, slightly lower than an indicative target of 14 trillion rupiah, the finance ministry said.

Incoming bids were 17.45 trillion rupiah, it added.

($1 = 15,580.0000 rupiah)

(Reporting by Stefanno Sulaiman Editing by Ed Davies)

Copyright reserved 2023 – Zawya 

 

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