Indonesia plans to sell $500 mln global sukuk this year


KUALA LUMPUR: The Indonesian Finance Ministry is targetting a $500 million 5-year global sukuk issuance this year, an official told reporters at an Islamic finance forum here on Monday.

"We are looking for the benchmark tenor, but we hope to have longer (tenures)," Dwi Irianti Hadiningdyah, deputy director of Islamic Financing for the ministry's debt management office, said.

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