RI govt to sell bonds worth Rp6 tln on Wednesday
Tue, May 1 2012 21:06 | 980 Views
Jakarta (ANTARA News) - The Indonesian government is to sell rupiah-denominated bonds of Rp6 trillion in an auction on Wednesday to meet part of financing target in the 2012 state budget, the finance ministry said.
The bonds put up for the auction will be series SPN12130502 which is new issue, and series FR0060, FR0061 and FR0058 which are the reopening of the existing issues, according to a statement from the ministry`s directorate general of debt management issued on Tuesday.
The bonds series SPN12130502 due on May 2, 2013 will be issued with discount rate payment, it said.
The fixed rate bonds series FR0060 due on April 15, 2017 will carry an interest of 6.25 percent, and coupon payments will be made every April 15 and October 15.
The fixed rate bonds series FR0061 due on May 15, 2022 will carry an interest of 7.0 percent, with coupon payments to be made every May 15 and November 15.
The fixed rate bonds series FR0058 due on June 15, 2032 will carry an interest of 8.25 percent, and coupon payments will be made every June 15 and December 15.
The auction will be conducted using a multi-price method.
Editor: Priyambodo RH
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