Indonesia raises $616 million in Islamic bond auction
Indonesia sold 11 trillion rupiah ($616.25 million) via an Islamic bond auction Tuesday, exceeding the 10 trillion rupiah indicative target. Incoming bids totaled 26.89 trillion rupiah versus 26.14 trillion at the previous Sept. 8 auction.
25 million) from an Islamic bond auction on Tuesday, above the indicative target of 10 trillion rupiah, the finance ministry said. 14 trillion at the previous auction on September 8.