Indonesia central bank 9-mth SBI rate rises to 7.36011pc

12 May, 2011

It also sold nine-month sharia SBIs at the same rate.

Bank Indonesia has lengthened the minimum holding period for SBIs to six months from one month, effective May 13, as part of moves to drive volatile "hot money" flows to longer-term instruments and finance the real economy.

Copyright Reuters, 2011

Read Comments