INDONESIA - CAPITAL MARKETS - Bank Muamalat Readies for Rp 1.5t Islamic Bond Sale

www.thejakartaglobe.com -Bank Muamalat, the country’s top Islamic bank, plans to
sell Islamic bonds worth Rp 1.5 trillion ($159 million) over the next
two years to boost lending.

The Jakarta-based lender aims to
sell Rp 500 billion in July this year, it said in a brief prospectus
published in Bisnis Indonesia newspaper on Wednesday.

It will
offer the notes to investors on June 25-26,