Saturday, February 7, 2009

Retail state sukuk offer investors a decent return

The Jakarta Post:The government is selling the first retail state sukuk series SR001, which carries a 12 percent coupon and will have a maturity of 3 years. The offering period is from Jan. 30 to Feb. 20.

The issuance of the sukuk is an endeavor by the government to diversify the sources of state budget financing. The financing for the state budget is provided by issuing government securities...Continue Reading

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