The Finance Ministry`s Debt management office director general Rahmat Waluyanto said here Monday the selected government bond series were FR0055, FR0053, FR0056, and FR0054.
The FR0055 bond series had a 7.375 percent coupon and will be due on September 15 2016, while the FR0056 had a 8.375 percent coupon that is due on July 15 2031.
The four government bond series were named the benchmark for securities trading in Director General of Debt Management Decree Number KEP-01/PU/2011.
The Government set out four government bonds reference series after considering the results of Preference Structure of Government Securities Portfolio survey and the 2011`s state securities high demands in regards to the year`s benchmarking government bonds tenure option.
Besides, it is also based on the government bonds primary dealer`s input, liquidity, outstanding amount, and the coupon of each series.
The government determines that the 2011 benchmarking government bond series is imposed starting January 3, 2011 and may be amended anytime.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2011
