IslamicFinance.de

Indonesia's finance ministry want to speed up the rate at which it launches bonds in 2012 because of concern over a global economic downturn and will issue 55-60% of its target in the first half of the year.
According to Arga Samudro, a Jakarta-based analyst at Bahana Securities, the government was convinced that its bond issues in the year's first half would succeed because it thinks the global turmoil during that period would not be as bad as in 2008. He added that the bonds would attract foreign investors searching for high yields in emerging markets at a time of slow opportunities elsewhere.