Indonesia raises $925.3 mln from Islamic bond auction

Kitco Media
By Reuters
Published:
Updated:
Reuters
JAKARTA, Feb 7 (Reuters) - Indonesia has raised 14 trillion rupiah ($925.31 million) in an Islamic bond auction, in line with the indicative target, its finance ministry said on Tuesday.


Incoming bids were 26.3 trillion rupiah ($1.74 billion). Notes sold on Tuesday carried weighted average yields higher than comparable notes sold in the previous auction on Jan. 24.
($1 = 15,130.0000 rupiah) (Reporting by Ananda Teresia Editing by Ed Davies)

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