INDONESIA: The Indonesian government has opened the offering period for the Sukuk Waqf facility series SWR004 from the 7th July 2023 to the 31st August 2023, according to an official statement. The facility carries a two-year tenor and a coupon rate of 5.85% per year.
The main program that the Sukuk facility will finance is the empowerment of farmers and breeders. Other companion programs that are financed by the facility include education scholarships and the Indonesian Santri Halal Kitchen Program.