According to a written statement from the Debt Management Directorate General of the Finance Ministry received here on Wednesday, the total auction bids from four bond series reached Rp19.49 trillion.
The winning bid was Rp9 trillion, larger than the previous target set at Rp6 trillion.
The Rp6 trillion bonds consist of the SPN12130404 valued at Rp1 trillion, the FR0061 valued at Rp3.3 trillion, the FR0059 valued at RP2.7 trillion, and the FR0058 series valued at Rp2 trillion, which will be issued April 5.
The government will also re-auction the state`s four Islamic retail bonds on April 10, the sukuk series, based on projects and a series of state Islamic treasury letters, seeking a target bid of Rp1 trillion.
The state`s Islamic securities series consist of SPN-S11102012 (new issuance), PBS001 (reissue), PBS002 (reissue), PBS003 (reissue), and PBS004 (reissue).
The SPN-S11102012 series has a discounted rate of return, underlying assets of state property such as land and buildings, and will be due on October 11, 2012. Underlying assets from PBS001 to PBS004 are the projects per activity for the 2012 state budget.
The PBS001 series, with a 4.45 percent rate of return, will become due on February 15, 2018. The PBS002 series, with a 5.45 percent rate of return, will become due on January 15, 2022. The PBS003 series with a 6.0 percent rate of return is due on January 15, 2027. While the rewards for the PBS004 are 6.1 percent and will mature on February 15, 2037.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2012
