Indonesia raises $716.1 mln from Islamic bond auction

Kitco Media
By Reuters
Published:
Updated:
Reuters
JAKARTA, March 7 (Reuters) - Indonesia has raised 11 trillion rupiah ($716.15 million) in an Islamic bond auction, equal to the indicative target, its finance ministry said on Tuesday. Total incoming bids were 19.9 trillion rupiah, lower than the previous auction on Feb. 14 at 30.45 trillion rupiah.
($1 = 15,360.0000 rupiah) (Reporting by Ananda Teresia; Editing by Martin Petty)

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