Indonesian Government to Offer Retail Sukuk Series SR015; Sales Expected to Attract High Interest

The Government of Indonesia is anticipated to offer retail Government Securities (SBN) in the form of retail Sukuk series SR015 on the 20th of August 2021, according to Dwi Irianti Hadiningdyah, Director of Shariah Financing at the Directorate General of Budget Financing and Risk Management at Indonesia’s Ministry of Finance.

Why it Matters?

Sales of the SR015 retail Sukuk series are projected to attract high interest, based on the sales results of the Retail Savings Bond SBR010 series that took place in June 2021. Hadiningdyah is optimistic that sales will be high due to large liquidity and limited public spending. In addition, the resale feature of SR015 is also expected to boost interest for the sale.

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