Jakarta (ANTARA News) - The government sells state bond valued Rp7,55 trillion in an auction which aimed to meet part of the 2013 financing target in the 2013 budget.

According to spokesperson from the Ministry of Finance Yudi Pramadi in a press release received here on Wednesday, the bids from bidders on Tuesday (26/2) have reached more than Rp18, 85 trillion.

Details of the Rp7, 55 trillion bond consists of the SPN12140217 series that was valued Rp1 trillion and yield a weighted average of 4.12 percent, the highest yields were won by 4.13 percent.

These government debt papers (SUN) will be due on February 17, 2014, where the bids for these securities reach Rp5, 62 trillion with the highest yield of 4.78 percent and the lowest entry 4.09 percent.

The FR0066 series was valued about Rp2 trillion and yield a weighted average 4.78 percent, the highest yield was won 4.84 percent, 5.25 percent coupon rate, will be due May 15, 2018. Bids for these securities reached Rp2, 26 trillion with the highest yield and the lowest 4.88 percent 4.75 percent.

Amount awarded for FR0063 Rp3,10 trillion and yield a weighted average 5.28 percent, the highest yield was won 5.31 percent, with 5.63 percent coupon rate, and will due at May 15, 2023. The incoming bids reached Rp4,49 trillion with the highest yield of 5.41 percent and the lowest 5.22 percent.

While for the FR0065 series was valued at Rp1, 45 trillion and yield a weighted average 6.27 percent, the highest yield was won 6.28 percent, with 6.63 percent coupon rate and the due date is on May 15, 2033. Bids for these securities Rp6,48 trillion with the highest yield of 6.41 percent and the lowest 6.22 percent.

(A050/O001)

Editor: Jafar M Sidik
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