Govt To Auction Foreign Currency-Denominated Bonds

Jakarta, Oct 22 (Antara) - The Indonesian government plans to sell foreign currency-denominated bonds at an auction for the domestic primary market in the fourth quarter of this year. To participate in the auction, resident investors must register with the government through primary dealers from Oct. 21 to Nov. 1, 2013, the Directorate General of Debt Management at the Finance Ministry noted on its official website on Tuesday. The government has issued a deadline of Nov. 8, 2013, for primary dealers to submit a list of resident investors to the director general of debt management, or in this case, the director of state debt securities, who will endorse the list by Nov. 15, 2013. Fifteen banks and four securities companies will participate in the auction. The 15 banks are Citibank, Deutsche Bank, HSBC, Bank Central Asia, Bank Danamon Indonesia, Bank Internasional Indonesia, Bank Mandiri, Bank Negara Indonesia, OCBC NISP, Bank Panin, Bank Rakyat Indonesia, Bank Permata, CIMB Niaga, Standard Chartered Bank, and JP Morgan Chase Bank, while the securities companies are Bahana Securities, Danareksa Sekuritas, Mandiri Sekuritas, and Trimegah Securities.