Indonesia raises 460 bln rph in sukuk auction

In a sukuk auction which took place on Tuesday, Indonesia as able to raise 460 billion rupiah ($48.65 million). Accourding to the debt office, the price was below the goal of 500 billion rupiah. The sukuk was a 25-year project-based bond at a weighted average yield of 6.69 percent. There were no winning bids for the rest of the sukuks in the auction.