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Published on 5/30/2018 in the Prospect News Emerging Markets Daily.

New Issue: Indonesia privately places 300 billion rupiah sukuk to yield 8.09%

New York, May 30 – Indonesia privately placed a 300 billion rupiah 8¾% sukuk due November 2031 to yield 8.09%, according to an announcement from the sovereign’s Ministry of Finance.

The Islamic bonds will be tradable.

Issuer:Indonesia
Issue:Sukuk negara PBS-012 sovereign Sharia securities
Amount:300 billion rupiah
Maturity:Nov. 15, 2031
Coupon:8¾%
Yield:8.09%
Settlement date:May 30
Distribution:Private placement

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