www.thejakartaglobe.com - Bank Muamalat Indonesia said its planned sale of Shariah-compliant bonds would probably be denominated in rupiah.
The nation’s oldest Islamic lender may issue Rp 800 billion ($87 billion) of securities, or as much as Rp 1.5 trillion if the issue is oversubscribed, Hendiarto, the bank’s Jakarta-based finance director, said on Thursday.
He said the lender preferred to
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