The securities comprised the USDPBS-003 series worth US$150 million and the USDPB-S004 series worth US$25 million, which can be traded in the secondary market or are tradable, the Directorate General of Financing and Risk Management of the Finance Ministry said in a written statement released on Tuesday.
The USDPBS-003 series has a yield of 3.7 percent and the USDPB-S004 series carries a yield of 3.9 percent.
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In addition, the USDPBS-003 series has been issued at a coupon of 3.7 percent per year, and the USDPB-S004 series at a coupon of 3.9 percent per year.
The two series were issued and listed on September 2.
The USDPBS-003 series, which has a tenure of three years, will become due on September 2, 2025, while the USDPB-S004 series, which has a tenure of five years, will become due on September 2, 2027.
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The face value per unit of the USDPBS-003 and USDPB-S004 series is recorded at US$one thousand.
Overall, 150 thousand units of the USDPBS-003 series and 25 thousand units of the USDPB-S004 series were issued.
A private placement is an offer and sale of government debt papers (SUN) in the domestic primary market, which is conducted by the government and other parties, with the terms and conditions of SUN following the agreement.
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Translator: Agatha Olivia V, Suharto
Editor: Fardah Assegaf
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