Tuesday, Jul 26, 2011
JAKARTA (Dow Jones)--The Indonesian government plans to sell IDR1 trillion of Islamic treasury bills on Aug. 2, an official at the finance ministry told reporters Tuesday.
"The indicative amount that we are going to sell is IDR1 trillion, which includes the maiden issue of Islamic treasury bills that will carry a tenor of six months," said Rahmat Siamat, a Shariah director at the finance ministry.
He said that the bond issue is aimed at diversifying the government's funding sources.
-By Farida Husna, Dow Jones Newswires; 62-21-39831277; farida.husna@dowjones.com
(END) Dow Jones Newswires
26-07-11 0807GMT
