>> ASIAONE / NEWS / LATEST NEWS / ASIA / STORY
Indonesia says no winning bids in sukuk auction
Tue, Feb 16, 2010
Reuters

JAKARTA - Indonesia's finance ministry said on Tuesday it had no winning bids for its auction of Islamic debt, or sukuk.

The ministry had expected to raise 1 trillion rupiah (S$151 million) from the auction of sukuk with tenors ranging from five to 15 years, the proceeds of which would be used to help finance the budget deficit.

The finance ministry said in a statement it had received a total of 1.705 trillion rupiah (S$257.4 million) worth of incoming bids, but rejected all the bids.

Bookmark and Share
 
 
STORY INDEX
 
  Indonesia says no winning bids in sukuk auction
   
 
  Two Britons detained near Delhi airport
   
 
  Succeeding Kim Jong-il as North Korea leader
   
 
  Suspected Maoists kill 24 in Indian police attack
   
 
  Chinese tourists visit Taiwan in record numbers
   
 
  India detains two over bakery bombing: report
   
 
  Filipino teenager sues school for neglect
   
 
  N.Korea strikes softer note as it marks leader's birthday
   
 
  Japan may press charges against anti-whaling activist
   
 
  Religious rite worries conservationists in Taiwan
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg
Search AsiaOne: