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Govt' Auction New Bonds  

26 May 2015 17:18 WIB

TEMPO/Dinul Mubarok

TEMPO.CO, Jakarta - The Finance Ministry will auction new State Bonds (SUN) on Tuesday, May 26, 2015. The Minsitry expects to generate Rp. 10 trillion from the auction.

In a press release issued by the Directorate of Finance Management and Risk of the Finance Ministry, the Rp 10 trillion will be allocated to fulfill a part of the financing target in the 2015 Revised State Budget.

Three State Bonds that will be auctioned  include the SPN12160304 series (reopening), the FR0070 series (reopening), and the FR0068 series (reopening).

The SPN12160304 seried will be offered with discounted interest payment system and a maturity date of March 4, 2016.

Meanwhile, the FR0070 and the FR0068 series will be offered with a fixed interest rate of 8.37 percent, and a maturity date of March 15, 2024, and March 15, 2034, respectively.

PINGIT ARIA

Macroeconomics


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