The bonds up for the auction will consist of five series and have a face value of Rp1 million per unit, Rahmat Waluyanto, the ministry`s director general of debt management, said in a statement issued on Thursday.
Two of the bonds will be new issues. They are discount rate bonds series SPN20110706 which will mature on July 6, 2011 and discount rate bonds series SPN20120406 which will mature on April 6, 2012.
The others will be series FRO053, FRO056, and FRO054, all of which are the reopening of the existing issues.
The fixed rate bonds series FRO053 carry a coupon rate of 8.25 percent and will mature on July 15, 2021. Payments for the coupon will be made every February 15 and July 15.
The fixed rate bonds series FRO056 carry a coupon rate of 8.375 percent and will mature on September 15, 2026. Payments for the coupon will be made every March 15 and September 15.
The fixed rate bonds series FRO054 carry a coupon rate of 9.5 percent and will mature on July 15, 2031. Payments for the coupon will be made every January 15 and July 15.
The statement said the bonds will be offered in an open auction using a multi-price method.(*)3) 31-03-2011 23:07:18
Editor: Heru Purwanto
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