The bonds will have a nominal value of Rp1 million per unit.Jakarta (ANTARA News) - The Indonesian government plans to sell rupiah-denominated state bonds of Rp5 trillion in an auction on November 12 to meet part of the financing target in the 2012 state budget, the Finance Ministry said.
The bonds will have a nominal value of Rp1 million per unit, the head of the ministry`s communication and information service bureau, Yudi Pramadi said in a press statement released on Thursday.
The bonds up for the auction will be series SPN03130213 and SPN12131113 which are new issues, and series FRO066, FR0064 and FRO065 which are the reopening of existing issues, he said.
The discount bonds series SPN03130213 and SPN12131113 will mature on February 13, 2013 and November 13, 2013 respectively.
The bonds series FR0066 due on May 15, 2018 will carry a fixed interest rate of 5.25 percent, the bonds series FR0064 due on May 15, 2028 will carry a fixed interest rate of 6.13 percent, and the bonds series FR0065 due on May 15, 2033 will carry a fixed interest rate of 6.63 percent.
Coupon payments for the three fixed rate bonds will be made every May 15 and November 15.
The bonds will be sold using a multi-price method.
The statement said the government has the right to sell the five series of bonds at lower or higher prices than the indicative prices.(*)
Editor: Heru Purwanto
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