JAKARTA - Indonesia has raised 8.05 trillion rupiah ($491.90 million) in an Islamic bonds auction, lower than the indicative target of 10 trillion, the finance ministry said on Wednesday.

Total incoming bids were 16.34 trillion rupiah, lower than the 26.2 trillion rupiah of bids at the previous auction on June 4.

($1 = 16,365.0000 rupiah)

(Reporting by Stanley Widianto Editing by Ed Davies)