Indonesia eyes investor meetings ahead of September sukuk

Indonesia is planning investor meetings ahead of its new sukuk deal likely to be launched in September, said Indonesian treasury officials and bankers on the deal. The political backdrop has calmed down after Joko 'Jokowi' Widodo’s election as President in July and Indonesia spreads still historically tight, said investors. But the sovereign’s conventional spreads have widened some 20bp in the last few trading sessions and its previous dollar sukuk is trading well back of its conventional curve.