Indonesia raises 1.5 trln rph from sukuk auction

Indonesia raised 1.5 trillion rupiah ($155.11 million) at its first sukuk auction of the year on Feb. 5. 6-month Shariah T-bills, as well as project-based 5- and 24-year sukuk were sold to finance the country's budget deficit. According to the Finance Ministry's debt office, the targeted amount was reached.