Indonesia raises $122mln from Islamic bond auction
October , 2022
The ministry plans to hold an additional auction to raise more on Wednesday
Gayatri Suroyo and Fransiska Nangoy, Reuters News
JAKARTA – Indonesia sold 1.89 trillion rupiah ($122.21 million) worth of Islamic bonds, below target, in an auction on Tuesday that drew incoming bids worth a total of 6.4 trillion rupiah, the finance ministry said.
The ministry plans to hold an additional auction to raise more on Wednesday. The original target was to raise 5 trillion rupiah.
($1 = 15,465.0000 rupiah)
(Reporting by Gayatri Suroyo and Fransiska Nangoy; Editing by Martin Petty)
