Indonesia is seeking to raise about $1 billion in a sale of bonds, known as sukuk, The Wall Street Journal reports. The government that will market its share sale next week has met with arrangers of the issue. Previously the nation had planned to sell the bonds in the third quarter.

The government intends to use the proceeds from the issuance to help finance its budget deficit, which may reach the equivalent of 2.1 percent of gross domestic product by the end of this year. The issue may also expand Islamic finance in the Muslim country.

Click here for the story from The Wall Street Journal.