Indonesia brings back green sukuk
Daxiao Productions - stock.adobe.com
The Republic of Indonesia rolled out its annual Islamic finance transaction on Tuesday, taking $2.5bn from a three-tranche sukuk. The sheer strength of investor interest surprised the bankers on the bond, leading to a hefty 70bp tightening and a deal that offered negative new issue premium.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: