Perusahaan Penerbit SBSN Indonesia III (PPSI-III) 

Orders for 3.1 times the amount offered. Perusahaan Penerbit SBSN Indonesia lII (“PPSl-lll”), is the legal entity established by the Government of Indonesia for the purpose of issuing Shari'a compliant securities in foreign currencies. The underlying assets for the Wakala Sukuk consist of (i) state-owned assets including land and buildings (51%), and (ii) project assets which are under construction or to be constructed (49%).  

4.55%

Offering Circular,  Structure Document

Wakala 

$1.75 billion 

USD 

29 March 2026 

Indonesia 

10 Years 

29 March 2016 

Baa3/BB+/BBB- 

Nasdaq Dubai/DFM , Singapore Exchange ,  

CIMB Islamic ,  Citigroup ,  Deutsche Bank ,  Dubai Islamic Bank ,  Standard Chartered ,  

Assegaf Hamzah & Partners ,