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