Jakarta (Antara Bali) - The government has sold a series of state bonds and earned Rp15 trillion to be used to help pluck up a deficit in the state budget.
Originally the government planned to raise only Rp10 trillion from the bond sales , which were oversubscribed with demand totaling Rp28 trillion, the directorate of financing and risk management said.
The bonds in four series carry yield rates from 6.19 percent to 9.1 percent a year with maturities from Nov. 2015 to May, 2031, the directorate general said here in a statement on Wednesday. (WDY)
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