Indonesia plans to issue 3-yr retail sukuk on Feb 23.


JAKARTA, Jan 12 (Reuters) - Indonesia's finance
ministry plans to issue retail Islamic bonds or
sukuk with a three-year tenor on Feb. 23, debt
office chief Rahmat Waluyanto said on
Wednesday.
"The available underlying assets are 10.8 trillion
rupiah and the size of issuance won't exceed the
underlying assets," he said, adding that the retail
sukuk yield would be more attractive compared
to bank time deposits.
Retail sukuk are aimed at individual investors.
(Reporting by Rieka Rahadiana; Writing by Aditya
Suharmoko; Editing by Neil Chatterjee)


Source: Http://us.mobile.reuters.com/article/idUSJKB00420920110112?ca=rdt

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