JAKARTA - Indonesia raised 4 trillion rupiah ($258.06 million) from an Islamic bond auction on Tuesday, lower than the indicative target of 9 trillion rupiah, the finance ministry said, adding that total bids stood at 11.93 trillion rupiah.

($1 = 15,500.0000 rupiah)

(Reporting by Stanley Widianto; Editing by Kanupriya Kapoor)