The five series of state sharia bonds offered in the auction were series IFR0005, IFR0007, IFR0006, IFR0010, and SPNS24022012, Director General of Debt Management at the Finance Ministry Rahmat Waluyanto said in a statement on Tuesday.
The total bids for the five series of state sharia bonds were Rp3.10 trillion. However, only Rp830 billion of it was accepted.
The amount consisted of Rp500 billion from series IFR0010 and Rp330 billion from series SPNS24022012.
The series IFR0010 due on February 15, 2036 was issued at a weighted average yield of 8.35 percent and a yield rate of 10.00 percent. The bonds will be issued on August 25, 2011.
The series SPNS24022012 due on February 24, 2012 carries a weighted average yield rate of 4.15 percent with discount yield payments. The bonds will be issued also on August 25, 2011.
The bids totaling Rp3.10 trillion consisted of Rp501 billion for series IFR0005 with the lowest yield of 6.66 percent and the highest yield of 7.50 percent.
Bids for series IFR0007 reached Rp2 billion with the lowest yield of 7.88 percent and the highest yield of 8.50 percent. Bids for series IFR0007 were Rp2 billion with the lowest yield of 7.88 percent and the lowest yield of 8.50 percent.
Bids for series IFR0006 were Rp171 billion billion with the lowest yield of 8.38 percent and the highest yield of 9.00 percent. Bids for series IFR0010 reached Rp1.13 trillion with the lowest yield of 8.25 percent and the highest yield of 8.84 percent.
Meanwhile the total bids for series SPNS 24022012 was Rp1.30 trillion with the lowest yield of 4.03 percent and the highest yield of 5.50 percent. (*)
Editor: Kunto Wibisono
Copyright © ANTARA 2011
