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Indonesia raised $480.19 million via Islamic bond auction, exceeding its target.
Summary
Indonesia successfully raised $480.19 million through an Islamic bond auction, exceeding its initial target. This financial activity is significant as it reflects Indonesia's economic strategies and its engagement with Islamic finance.
Key Points
- Indonesia raised 8 trillion rupiah ($480.19 million) in an Islamic bond auction.
- The auction's outcome surpassed the indicative target of 7 trillion rupiah.
- The auction took place on Tuesday.
Full Article
Indonesia raised 8 trillion rupiah ($480.19 million) in an Islamic bond auction on Tuesday, higher than the indicative target of 7 trillion rupiah, its finance ministry said.
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