Indonesia sells landmark $2b sukuk

The Southeast Asian nation prices the largest single-tranche Islamic bond ever despite volatile market conditions, obtaining a total order book of $6.8b.

The Republic of Indonesia sold a $2 billion 10-year Islamic bond, or sukuk, during Asian morning hours on Friday, pricing the world's largest-ever single-tranche shariah-compliant offering.

¬ Haymarket Media Limited. All rights reserved.

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