Exim Bank Issues Bonds

Jakarta, July 22 (Antara) - The Indonesia export bank has issued bonds Eximbank II Phase II -2014 valued at Rp500 billion with a coupon rate of 9.25 percent. The bond, which was issued on Friday last week, will be repayable in three years, corporate secretary of the Indonesia Eximbank Sunu Widi Purwoko said. The bond was the second part of the plan to issue bonds totaling in value at Rp24 trillion until 2017, Sunu said here on Monday. The bond with PT Bahana Securities as the underwriter was given a rating of idAAA stable outlook by the Indonesian rating agency Pefindo. The bond fund would be used to increase the financing capacity of the bank to support the country`s exports. Withe the new bonds, total outstanding bonds of Indonesia Eximbank reached Rp13.1 trillion.