JAKARTA, March 11 Indonesia's finance ministry
raised 1.273 trillion rupiah ($111.8 million) in a sale of its
sharia securities on Tuesday, below an indicative target of 1.5
trillion rupiah, the ministry's debt office said.
The G20 economy sold 6-month sharia T-bills with a yield of
6.12277 percent, lower than 6.16786 percent in the previous
Yields for six-year and 13-year, project-based sukuk were
8.05313 percent and 8.73438 percent, respectively. while the
yield for 29-year, project-based sukuk was 8.97979 percent.
Total bids were 2.76 trillion rupiah, lower than 5.693
trillion rupiah in the previous auction.
On March 3, the ministry sold 19.32 trillion rupiah of
retail sharia bonds maturing in three years.
($1 = 11,365 Rupiah)
(Reporting by Nilufar Rizki; Editing by Kim Coghill)