Indonesia will delay global sukuk offer to 2011: official
Indonesia will delay a planned US$650 million global sukuk offer to the first half of 2011 because a lower budget deficit forecast reduces this year's borrowing needs, a government official said yesterday.
Indonesia is looking to sell its first ever global Islamic bond as early as today, the government said, reviving a sale that will test demand in a sukuk market badly hurt by the global financial crisis.