Indonesia’s Issuances of Sukuk and Corporate Bonds Gaining Traction in 2H 2020

According to local media reports, the issuances of Sukuk and corporate bonds in Indonesia have risen at the start of the second half of the year (2H 2020), based on statistics released by the Indonesia Stock Exchange (IDX).

According to a press release issued on the 19th of August 2020 by Yulianto Aji Sadono, Corporate Secretary of the IDX, a total of 56 issuances comprising both corporate bonds and Sukuk from 40 listed companies worth IDR 43.81 trillion, have been recorded throughout 2020 so far.

Out of this, a total of IDR 31.25 trillion worth of corporate bonds and Sukuk were issued in the first half of the year. Meanwhile, July 2020 saw issuances worth IDR 7.44 trillion, while...