Indonesia will not issue more bonds in 2007

Indonesia's finance ministry will not issue any more treasury bonds this year after meeting the 2007 budget target of raising 58.5 trillion rupiah ($6.30 billion) through bond issues, a senior official said on Wednesday.
Bhimantara Widyajala, debt director at the finance ministry, also told Reuters the government will not issue its Islamic bonds this year because parliament has still not passed a bill on Sharia financing.
"There will be no more auction this year either in debt switch or new issuances. We have raised enough bonds this year as stated in the budget," Widyajala said.
"We can say that Sukuk will not be issued this year because the law is still being discussed in parliament."