Jakarta (ANTARA News) - The government is planning to offer five series of sharia state bonds (sukuk) worth Rp1 trillion in an auction on February 14 to meet part of financing target in the 2012 state budget.

Director General of Debt Management at the Finance Ministry Rahmat Waluyanto said on Tuesday four of the five series of sharia state bonds would be project-based. They are PBS002 and PBS004 which are new issues and PBS002 and PBS003 which are the reopening of the existing issues.

The other sharia state bond is series SPN-S 15082012 which is also new issue, he said.

The sharia state bonds series PBS001 due on February 15, 2018 and series PBS002 due on January 15, 2022 will be issued at a yield of 5.45 percent, he said.

Meanwhile, the sharia state bonds series PBS003 due on January 15, 2027 will be issued at a yield of 6 percent and series PBS004 would mature on January 15, 2037, he said.

The underlying assets of the four series of sharia state bonds are projects or activities in the 2012 state budget, he said.

The sharia state bonds series SPN-S 15082012 due on August 15, 2012 will be issued at discount yield and the underlying assets of the sharia state bonds are state assets in the form of land and building, he said. (*)

Editor: Kunto Wibisono
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