Tuesday, 27 October 2015

Indonesia issues shari'ah securities via Bank Syariah Mandiri

The Indonesian government has issued government shari'ah securities (SBSN) series PBS-010 through fund placement by Bank Syariah Mandiri on October 26, 2015.

The nominal amount of the ijarah assets is 1 trillion rupiah, at a coupon of 8.625% per year. The yield is 8.7%, to mature on January 25, 2019.