Indonesia may hold next sukuk auction on Nov.10 -fin ministry

Published: 27 Oct 2009 19:11:29 PST

JAKARTA, Oct 28 - Indonesia's finance ministry may hold its next Islamic-compliant debt, or sukuk, auction on November 10 with a tentative target of raising around 1.5 trillion rupiah ($157.5 million), an official said on Wednesday.

Dahlan Siamat, director in charge of sukuk issuance at the finance ministry, also said that the result of the Oct. 27 auction indicated a positive market response. (Reporting by Dicky Kristanto; Editing by Sara Webb)