Yield Sukuk: Maturity, Rating and Value of Emission

Research Journal of Finance and Accounting, ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol.9, No.12, 2018

7 Pages Posted: 8 Jul 2019

See all articles by Shinta Melzatia

Shinta Melzatia

Fakultas Ekonomi & Bisnis Universitas Mercu Buana

Caturida Meiwanto Doktoralina

Fakultas Ekonomi dan Bisnis, Universitas Mercu Buana

Mahroji

Education

Date Written: July 31, 2018

Abstract

This study was to determine the effect of Sukuk maturity, Sukuk rating, and Sukuk emmisions value on Sukuk yield. The sample in this study was 157 corporate Sukuk issued by corporate and listed on Indonesia Stock Exchange (IDX) during the period of 2013-2016. This study used multiple regression analysis to examine the effect of Sukuk maturity, Sukuk rating and Sukuk emmisions value on Sukuk yield. The results of this study showed that the maturity of Sukuk has significant positive effect on Sukuk yield, Sukuk rating has significant negative effect on Sukuk yield, and value emissions of Sukuk has not significant effect on Sukuk yield.

Keywords: Sukuk Maturity, Sukuk Rating, Value Emissions of Sukuk, Sukuk Yield

JEL Classification: G30,G32

Suggested Citation

Melzatia, Shinta and Doktoralina, Caturida Meiwanto and Mahroji, Mahroji, Yield Sukuk: Maturity, Rating and Value of Emission (July 31, 2018). Research Journal of Finance and Accounting, ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol.9, No.12, 2018, Available at SSRN: https://ssrn.com/abstract=3414802 or http://dx.doi.org/10.2139/ssrn.3414802

Shinta Melzatia

Fakultas Ekonomi & Bisnis Universitas Mercu Buana ( email )

Jl Meruya Selatan
Kembangan
Jakarta Barat, RI DKI Jakarta 11650
Indonesia

Caturida Meiwanto Doktoralina (Contact Author)

Fakultas Ekonomi dan Bisnis, Universitas Mercu Buana ( email )

Jl. Meruya Selatan
Kembangan
Jakarta Barat, DKI Jakarta 11650
Indonesia
+62(021)5840816 (Phone)
+62(021)5840813 (Fax)

HOME PAGE: http://mercubuana.ac.id

Mahroji Mahroji

Education ( email )

Jakarta
Indonesia

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