Bloomberg News

Republic of Indonesia Said to Plan 7-Year U.S. Dollar Sukuk Bond

November 25, 2011

Nov. 14 (Bloomberg) -- The Republic of Indonesia plans to sell U.S. dollar-denominated Islamic bonds maturing in seven years, according to a person familiar with the transaction.

The notes may be priced to yield about 4.25 percent, said the person, who asked not to be identified as the details are private. HSBC Holdings Plc, Citigroup Inc. and Standard Chartered Plc are managing the benchmark-sized sale, which may price as soon as today, according to the person.

To contact the editor responsible for this story: Sarah McDonald at smcdonald23@bloomberg.net


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