Indonesia Eyes Middle East Buyers for Fresh Round of Sukuk Bond Sales
Indonesia calculates to sell dollar-denominated Islamic bonds by the end of December. This would be the second sale of the securities in two years. The country is looking to Persian Gulf investors to obtain the debt.
Rahmat Waluyanto, director general of the debt management office at the Ministry of Finance, stated that they are aming for Middle East investors to buy their global Islamic bonds.
Agus Martowardojo, Finance Minister, revealed that the government had planned to collect as much as $1 billion from global sukuk sales by the end of September.