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Listed
Sukuk
Wakalah

Republic of Indonesia USD 1.5bn Sukuk 2034

Republic of Indonesia · Indonesia

Benchmark global sukuk from Southeast Asia's largest economy.

Key terms

Issuer profile
Republic of Indonesia
ISIN
XS2334567991
Structure
Wakalah
Issue size
$1.5B
Ccy
USD
Minimum investment
$200,000
Payment frequency
semi-annual
Listing venue
Singapore Exchange
Governing law
English law

Pricing

Profit rate
4.95% (fixed)
Indicative price
94.92
Yield to maturity
5.795%
Spread
130 bps
Ratings
Baa2 / BBB / BBB

Key dates

Issue date
30 Jan 2025
Maturity date
30 Jan 2034
Tenor
9 years

Shariah information

Shariah advisor
DSN-MUI
AAOIFI aligned
Underlying asset
State-owned assets
Use of proceeds
General state budget purposes