Jakarta (Antara Bali) - The Indonesian Government will auction off state bonds value at Rp7 trillion in rupiah denomination worth around US$700 million on July 2, 2013.
The debt management directorate general said in statement received on Saturday said the five-sires bonds have a nominal value of Rp1 million per unit.
The fund to be raised from the bond sale would be used to help meet the financing target as set in the 2013 state budget.
The SPN03 131003 series, interest payment with discount will reach maturity on October 3 in 2013. The SPN 12 140703 series, interest payment with discount will reach maturity on July 3, 2014.
The FR0063 series with fixed interest of 5.625 percent will reach maturity on May 15 in 2023. The FR0064 series carrying fixed interest rate of 6.125 percent will be repayable by May 15 in 2028.
The FR0065 series carrying a fixed interest of 6.625 percent will be due for repayment on May 15 in 2033. The auction will be launched by Bank Indonesia. (*/DWA)
