Indonesia aims to issue project-based sukuk in H1
After Indonesia failed to sell the sukuk last year as investors asked for higher yields, the country plans to launch 2 trillion rupiah ($223.59 million) of project-based sukuk in the first half of this year.
Finance minister Agus Martowardojo, who gave the statement, added that the government posesses underlying assets of 5 trillion rupiah to issue project-based sukuk this year. Moreover, Indonesia is also aiming to issue a global sukuk at the end of the first half.
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