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Indonesia Issues 10-Year $1 Billion Sukuk

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The Government of Indonesia has issued its third sovereign Sukuk. The $1 billion, 10-year bond, is part of a $3 billion trust certificate issuance program. It was rated BB+ by Standard and Poor's, BBB- by Fitch and Baa3 by Moody's. Indonesia was able to price the Sukuk at 3.3 per cent, at the tight ... (Publication: CPI Financial)

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