SUKUK - JAKARTA. The ST012 Savings Sukuk series has been a hot commodity among investors. The offering of this retail State Sharia Securities (SBSN) instrument concluded on Wednesday, May 29th.
The Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance (Kemenkeu) reported that the ST012 sales quota has been increased seven times, from an initial IDR 10 trillion to IDR 19.5 trillion. This move was made to accommodate the high interest of retail investors in ST012.
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