The rate is now 9% per annum, comprising the LPS guaranteed interest rate as of February 17, 2015 of 7.75% and the fixed spread of 1.25%.
News & trends blog on the shari'ah economy in Asia Pacific/Middle East. Reporting from Singapore.
Saturday, 21 February 2015
Indonesia adjusts coupon rates for sukuk series SBR001
Indonesia's Ministry of Finance has announced that coupon rates for Saving Bonds Coupons of Retail Sukuk Series SBR001 for the period February 21 2015 to May 20 2015 has been adjusted in alignment with the interest rate of deposit guarantees in rupiah at general banks as stipulated by Indonesia Deposit Insurance (LPS guaranteed interest rate).
The rate is now 9% per annum, comprising the LPS guaranteed interest rate as of February 17, 2015 of 7.75% and the fixed spread of 1.25%.
The rate is now 9% per annum, comprising the LPS guaranteed interest rate as of February 17, 2015 of 7.75% and the fixed spread of 1.25%.