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Indonesia Raises around IDR6 Trillion in Bond Auction

Tuesday, January 18, 2011 | 8:35 AM WIB | 0 Views Last Updated 2011-01-18T14:36:00Z



JAKARTA - Indonesia raised around IDR6 trillion ($660 million) from its first bond auction of the year, an amount that is more than it had targeted, a senior finance ministry official said Tuesday.


The ministry had planned to raise IDR5 trillion by selling one-year treasury bills and fixed-rate bonds maturing in five, 10- and 20-year. 

Rahmat Waluyanto, the director general of debt management office, told reporters via text message that the ministry raised around IDR6 trillion from bids of around IDR9 trillion. Details of the auction will be published by the ministry later in the day.

source : kompas.com
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