Financial Times FT.com

Indonesian bond success bodes well

By John Aglionby in Jakarta

Published: March 1 2009 12:07 | Last updated: March 1 2009 12:07

Beny Witjaksono, the chief executive of Bank Mega Syariah, admits he was stunned by the success of Indonesia’s first Islamic bond sold to retail investors.

When it was launched last month, it attracted Rp5,556bn (£322m, €362m, $462m).

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