Indonesia $1.5b sukuk receives huge order book

The sovereign was able to price its latest Islamic bond offering at competitive levels, riding on positive sentiment post-elections and lower risk-free rates.

The Republic of Indonesia launched an Islamic bond on Tuesday after ramping up interest for the dollar sukuk for more than a month, making it one of the first debt issuers since the summer.

¬ Haymarket Media Limited. All rights reserved.

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