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Published on 8/19/2010 in the Prospect News Emerging Markets Daily.

Indonesia puts off planned sukuk offering until 2011

By Christine Van Dusen

Atlanta, Aug. 19 - Indonesia is delaying its planned sukuk offering until 2011, according to a market source.

The sovereign had been expected to issue about $650 million by the end of the second quarter of 2010. Citigroup, HSBC and Standard Chartered were the bookrunners.

No further information was available Thursday.


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