Indonesia aims to raise 1.5 trln rph from sukuk auction

In order to finance its budget deficit, Indonesia will hold a sukuk auction on February 5. The country aims to raise 1.5 trillion rupiah (RM477 million). According to the plans, 6-month sharia T-bills and project-based sukuk maturing in 5-, 9-, 14- and 24-year will be sold at the auction.

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