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Published on 7/3/2018 in the Prospect News Emerging Markets Daily.

New Issue: Indonesia sells 1 trillion rupiah 7 5/8% bonds due 2027 to yield 7.84%

By Susanna Moon

Chicago, July 3 – Indonesia’s Ministry of Finance issued 1 trillion rupiah of 7 5/8% 10-year sukuk negara PBS-018 to yield 7.84% on Tuesday, according to a term sheet.

The notes are tradable.

Issuer:Republic of Indonesia
Issue:Sukuk negara PBS-018
Amount:1 trillion rupiah
Maturity:May 15, 2028
Coupon:7 5/8%
Yield:7.84%
Settlement date:July 3
Distribution:Private placement

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