JAKARTA: Indonesia raised 8.03 trillion rupiah ($563.11 million) in a biweekly Islamic bond auction on Tuesday, matching the indicative target, according to the financing and risk management office at the finance ministry.

The weighted average yields of project-based sukuk sold on Tuesday were higher compared with yields of comparable sukuk at the previous auction on July 23.

Total incoming bids were 18.05 trillion rupiah.



Copyright Reuters, 2019