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6 years ago
Indonesia parliament approves 30 trln rph assets for sukuk issues
June 21, 2011 / 10:52 AM / 6 years ago

Indonesia parliament approves 30 trln rph assets for sukuk issues

JAKARTA, June 21 (Reuters) - An Indonesian parliamentary commission approved on Tuesday the use of 30.2 trillion rupiah ($3.5 billlion) of state-owned assets to guarantee government sukuk issues.

The government has not issued sukuk for nearly two months after it ran out of underlying assets. ($1 = 8,615 rupiah) (Reporting by Adriana Nina Kusuma and Rieka Rahadiana; Editing by Neil Chatterjee)

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