Jakarta (ANTARA News) - The government said it will sell state bonds on Dec 3 valued at Rp4 trillion to help finance 2013 state budget.

The Debt Management Directorate General of the Finance Ministry said in a statement on Friday the bonds would be auctioned with a nominal value of Rp1 million per unit.

The bonds will carry discount rates and fixed interest rate of 7.875 - 8.375 percent a year with maturities from 2014 to 2034.

Sales would be handled in an open auction by Bank Indonesia. (*)

Editor: Heru Purwanto
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