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
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: Suggested Citation