ID :
40906
Thu, 01/15/2009 - 21:17
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https://www.oananews.org//node/40906
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GOVT TO SELL RP3 TRILLION WORTH OF BONDS IN AUCTION
Jakarta, Jan 15 (ANTARA) - The government plans to sell Rp3 trillion worth of bonds in an auction on January 20 to meet part of its financing targets under the 2009 state budget.
The bonds up for auction consist of zero coupon bonds which bear serial number SPN20100114, and fixed rate bonds which bear serial numbers FR0051, FR0030, and FR0036, the Directorate General of Debt Management at the Finance Ministry said in a statement on Thursday.
The SPN20100114 bonds will become due on January 14, 2010.
The FR0051 bonds which carry a fixed interest rate of 11.25 percent will mature on May 15, 2014, and the FR0030 bonds which carry a fixed interest of 10.75 percent will fall due on May 15, 2016.
Coupon payments for the FR0051 and FR0030 bonds will be made every May 15 and November 15.
The FR0036 bonds which carry a fixed interest of 11.5 percent will mature on September 15, 2019, with coupon payments to be made every March 15 and September 15.
The results of the auction will made public later in the day, the statement said adding settlement for the four types of bonds will take place on January 22.
The bonds up for auction consist of zero coupon bonds which bear serial number SPN20100114, and fixed rate bonds which bear serial numbers FR0051, FR0030, and FR0036, the Directorate General of Debt Management at the Finance Ministry said in a statement on Thursday.
The SPN20100114 bonds will become due on January 14, 2010.
The FR0051 bonds which carry a fixed interest rate of 11.25 percent will mature on May 15, 2014, and the FR0030 bonds which carry a fixed interest of 10.75 percent will fall due on May 15, 2016.
Coupon payments for the FR0051 and FR0030 bonds will be made every May 15 and November 15.
The FR0036 bonds which carry a fixed interest of 11.5 percent will mature on September 15, 2019, with coupon payments to be made every March 15 and September 15.
The results of the auction will made public later in the day, the statement said adding settlement for the four types of bonds will take place on January 22.
