Indonesia Global Sukuk Outperform Malaysia as Fifth Sale Planned

Dollar sukuk issued by Indonesia are outperforming those of Malaysia, Bloomberg News reports on April 23, 2015. (ID Photo/David Gita Roza)

Dollar sukuk issued by Indonesia are outperforming those of Malaysia, boding well for the government’s plan to tap the global market for a fifth year.

Indonesia’s existing notes maturing in 2018 through to 2024, which are rated the lowest investment grade by Moody’s Investors Service, returned 3.1 percent to 5.5 percent this year, data compiled by Bloomberg show. Three of Malaysia’s higher-rated sukuk due from 2015 to 2021 gained 0.3 percent to 1.8 percent.

Read more at: http://thejakartaglobe.beritasatu.com/business/indonesia-global-sukuk-outperform-malaysia-fifth-sale-planned/

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