In total, the government received Rp14.8 trillion in bids for the five series of the state bonds, Yudi Pramadi, Head of the Communication and Information Service Bureau at the Finance Ministry, said on Tuesday.
The Rp2.2 trillion consisted of Rp0.3 trillion from series SPN03120718 issued at a yield/weighted average price of 3.30573 percent due on July 18, 2012, and Rp1.9 trillion from bonds series SPN12130404 issued at a yield/weighted average price of 3.95 percent due on April 4, 2013.
The government did not win the auction of bonds series FR0061 issued at a coupon of 7.00 percent due on May 15, 2022, series FR0059 issued at a coupon of 7.00 percent due on May 15, 2027 and series FR0058 issued at a coupon of 8.25 percent due on June 15, 2032.
The bond series SPN03120718 is the new issue, while the bond series SPN12130404, FR0061, FR0059 and FR0058 are the reopening of existing issues.
The bids for the bond series SPN03120718 reached Rp2.08 trillion, with the highest yield/price of 4.5 percent and the lowest 3.15625 percent, while bids for the bond series SPN12130404 reached Rp4.15 trillion, with the highest yield/price of 4.75 percent and the lowest 3.875 percent.
The bids for the bond series FR0061 were Rp3.225 trillion, with the highest yield of 6.5 percent and the lowest 6.09375 percent, for the bonds series FR0059 the bids were Rp3.020 trillion, with the highest yield of 6.75 percent and the lowest 6.56250 percent, while the bids for the bond series FR0058 were Rp2.362 trillion, with the highest yield of 7.25 percent and the lowest 6.90625 percent.
Proceeds from the sale of state bonds, worth Rp2.2 trillion, fell short of the government-set indicative target of Rp6 trillion.
(Uu.S012/INE/KR-BSR/O001)
Editor: Priyambodo RH
Copyright © ANTARA 2012
