Indonesia’s finance ministry sold 2.36 trillion rupiah ($166.43 million) of Islamic treasury bills in an auction on Wednesday, its financing and risk management office said, in an over-allotment option following its regular bond auction a day earlier.
The weighted average yield of the bills, which will mature in a year, was 6.69176 percent, the office said, the same as Tuesday’s weighted average yield of the same asset.
Total incoming bids for Wednesday’s auction were 5 trillion rupiah, according to the statement.
The government sold 7.64 trillion rupiah of Islamic bonds in a regular auction on Tuesday, but said it would exercise a greenshoe option on Wednesday to sell more to the central bank.
Source Salaam Gateway