Govt Earns Rp15tn from Bond Sales

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  • Seorang pialang di Dealing Room BII, Jakarta, Jumat (24/10). Pusat Investasi Pemerintah (PIP) melakukan proses penunjukkan perusahaan sekuritas untuk melaksanakan pembelian saham di pasar modal sebesar Rp 2,5 triliun. TEMPO/Puspa Perwitasari

    Seorang pialang di Dealing Room BII, Jakarta, Jumat (24/10). Pusat Investasi Pemerintah (PIP) melakukan proses penunjukkan perusahaan sekuritas untuk melaksanakan pembelian saham di pasar modal sebesar Rp 2,5 triliun. TEMPO/Puspa Perwitasari

    TEMPO.CO, JakartaThe government has sold a series of state bonds and earned Rp15 trillion to be used to help pluck up a deficit in the state budget.

    Originally the government planned to raise only Rp10 trillion from the bond sales , which were oversubscribed with demand totaling Rp28 trillion, the directorate of financing and risk management said.

    The bonds in four series carry yield rates from 6.19 percent to 9.1 percent a year with maturities from Nov. 2015 to May, 2031, the directorate general said in a statement on Wednesday.

    ANTARA