Indonesia's WOM plans 300 bln rph sharia bonds


JAKARTA, Aug 1 (Reuters) - Indonesia's third largest motorcycle financing firm, PT Wahana Ottomitra Multiartha Tbk (WOM Finance) , plans to issue 300 billion rupiah ($33.02 million) of Islamic bonds in 2006. WOM Finance said the timing of the issuance, which would be used partly to finance motorcycle loans, would depend on market conditions. "We will issue sharia bonds worth as much as 300 billion rupiah end of this year. Regarding the precise time, we will review the market condition, ...

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