During the auction the government received total bids of Rp14.7 trillion, Director General of Debt Management at the Finance Ministry Rahmat Waluyanto said in a statement.
The bonds put to the auction were series SPN20120504, FR0055, FR0053 and FR0057.
No bidder was declared a winner for the bonds series SPN20120504 which will mature on May 4, 2012.
He said the Rp5.45 trillion consisted of Rp0.9 trillion from bonds series FR0055, Rp1.45 trillion from the bonds series FR0053 and Rp3.1 trillion from the bonds series FR0057.
The bonds series FR0055 due on September 15, 2016 carry a weighted average yield of 6.84906 percent and a coupon of 7.38 percent.
The bonds series FR0053 due on July 15, 2021 carry a weighted average yield of 7.499 percent and a coupon of 8.25 percent.
The bonds series FR0057 due on May 15, 2041 carry a weighted average yield of 9.2586 percent and a coupon of 9.5 percent.
The issuance of the bonds is designed to meet part of financing target in the state budget.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2011
