With a value of $3.25 billion... the listing of two Indonesian government sukuk issues on Nasdaq Dubai

Nasdaq Dubai has welcomed the listing of two tranches of sukuk issued by the Government of Indonesia with a total value of $3.25 billion.

The two tranches include an issue of $1.75 billion maturing after five years at a return of 4.40%, and another of $1.5 billion maturing after 10 years at a return of 4.70%.

The two new listings brought the total value of the sukuk listed by the government of Indonesia on Nasdaq Dubai to $22 billion, making it one of the largest sukuk issuers on the exchange.

These sukuks reinforce Dubai's position among the largest sukuk listing centers in the world, with the total value of sukuks listed in Dubai currently amounting to $80.9 billion.

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