Indonesia raises $1.5 billion from annual Sukuk

The 10-year sukuk drew strong investor demand – order books were worth $10.2 billion. The Sukuk was priced at 4.35% profit rate.

By investor type, Fund managers bought 57%, central banks, sovereign wealth funds and supra-nationals bought 13%, banks bought 28% and others bought 2%. Indonesian investors bought 10%, other Asia investors bought 20%, US investors bought 20% and European investors bought 15%.

Full details of the Sukuk can be found in our Sukuk profile section here.