Indonesia sukuk gives fillip to nascent green market

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22 Feb 2018

The Government of the Republic of Indonesia’s green sukuk is a game changer for the region, giving a boost to a green sovereign bond market that has so far had scant issuance globally.

Indonesia’s green debut makes it just one of a handful of sovereign issuers to sell green bonds globally. Poland and France both sold green bonds in euros, and Fiji and Nigeria issued local currency bonds late in 2017. Other sovereigns, including Hong Kong and Malaysia, are rumoured to ...

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