The US dollar sukuk offering could include the first offshore green bond by an Asian sovereign

25/01/2018 11:38 AST

The Republic of Indonesia is considering a US dollar sukuk offering that could include the first offshore green bond from an Asian sovereign.

The joint bookrunners are Abu Dhabi Islamic Bank, CIMB, Citigroup, Dubai Islamic Bank and HSBC.

RoI is issuing the proposed 144A/Reg S offering under its US$25 billion trust certificate issuance programme. Part of the offering will be sold under the sovereign's green sukuk framework.

The sukuk maturities are expected to be of five and 10 years. Poland was the first sovereign issuer of green bonds, followed by France and Fiji. In Asia, Hong Kong also plans to issue green bonds.


Press Release

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Saudi Gazette

S&P affirms QIB rating at A-

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Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

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Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

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Gulf News