Government Raises Rp9 Trillion From Bond Sales

Jakarta (Antara Bali) - The government raised Rp9 trillion from the auction of a five series of state bonds  from a total  demand of Rp11 trillion.

The bond fund would be used to help  plug up a deficit in the state budget, the risk and financing management directorate general said in statement here on Wednesday.

The bonds will be repayable between January 2016  and May 2036  with lowest yield of 5.85 percent  and highest yield at 10.12 percent.

From the auction of bond series of SPN03160115, the government earned Rp0.6 trillion  with average yield of 6.23231 percent to be repayable until January 15 next year.  

The lowest yield of the series was 5.85 percent and the highest was 7.25 percent  with demand totaling Rp1.001 trillion.

The bond series of SPN12161015, auction with an earning  Rp1.3 trillion will be repayable until Oct. 15 next year with average weighted yield of  7.38077 percent  and demand  totaling Rp1.58 trillion.

From the  bond series of FR0053 the government earned Rp1.45 trillion with average weighted yield of  8.48327 percent to be repayable until July 15 July 2021  and demand totaling Rp1.81 trillion.

The bond series of FR0056 were auctioned with earning Rp3.8 trillion  from demand of Rp4.62 trillion .

The series carried a coupon rate of 8.375 percent with average yield of 8.54727 percent to be repayable until 15 September 2026.

From the auction of the  bond series of FR0072 the government raised  Rp1.8 trillion from total demand of  Rp2.17 trillion.

The series carried  a coupon rate of 8.25 percent with average weighted yield of  8.86558 percent to be repayable until May, 2036. (WDY)