JAKARTA - Indonesia raised 10 trillion rupiah from a bi-weekly Islamic bonds auction on Tuesday, matching the indicative target, the finance ministry said in a statement.
The average yields were lower than comparable project-based sukuk notes sold at a previous auction on Nov. 10.
There were no winning bids for T-bills maturing in May 2021 and project-based sukuk maturing in May 2023, according to the statement.
Incoming bids amounted to 24.94 trillion rupiah, compared with 22.63 trillion rupiah in the previous auction.
(Reporting by Tabita Diela; Editing by Kevin Liffey) ((email@example.com; +628111135032;))