Jakarta (Antara Bali) - The government will sell state bonds at an indicative value of Rp8 trillion through an auction on May 21, 2013 to meet some of 2013 budget financing targets.
According to a written statement of the Directorate General of Debt Management of the Ministry of Finance received here on Friday, the bonds to be auctioned has a nominal value of Rp1 million per unit.
There are four series of securities to be auctioned namely SPN12140507 (resale) with a discounted interest and a maturity on May 7, 2014, FR0063 (resale) with a fixed rate 5.63 percent due in May 15, 2023, FR0064 (resale) with a fixed interest rate of 6.13 percent and mature May 15, 2028 and FR0065 (resale) with a fixed interest rate of 6.63 percent due on 15 May 2033. (*/M038)