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Listed
Sukuk
Wakalah
Green / ESG

Republic of Indonesia USD 750m Green Sukuk 2031

Republic of Indonesia · Indonesia

Tranche of the world's first sovereign green sukuk programme.

Key terms

Issuer profile
Republic of Indonesia
ISIN
XS2334567890
Structure
Wakalah
Issue size
$750M
Ccy
USD
Minimum investment
$200,000
Payment frequency
semi-annual
Listing venue
Singapore Exchange
Governing law
English law

Pricing

Profit rate
4.70% (fixed)
Indicative price
96.93
Yield to maturity
5.408%
Spread
110 bps
Ratings
Baa2 / BBB / BBB

Key dates

Issue date
5 Jun 2025
Maturity date
5 Jun 2031
Tenor
6 years

Shariah information

Shariah advisor
Indonesian National Shariah Board (DSN-MUI)
AAOIFI aligned
Underlying asset
State-owned assets and project assets
Use of proceeds
Climate mitigation and adaptation projects under the green sukuk framework