Update COVID-19 in Indonesia: 563,680 confirmed infections, 17,479 deaths (4 December 2020)
4 December 2020 (closed)
USD/IDR (14,182) +5.00 +0.04%
EUR/IDR (17,221) +45.06 +0.26%
Jakarta Composite Index (5,810.48) -12.46 -0.21%
The Indonesian government will issue Euro-denominated bonds in 2014. This will be the first time in Indonesian history that the government issues bonds in the Euro currency. Aim of the issuance, which will have a maturity date ranging from 5 to 10 years, is government loan refinancing. Scenaider CH Siahaan, Director for Strategy and Debt Portfolio at the Finance Ministry's Directorate General of Debt Management, said that the government will hold a total of 44 bond auctions in 2014.
The government's total of 44 bond auctions in 2014 will consist of 22 conventional bond auctions and 20 sukuk bond auctions (sukuk is the Islamic equivalent of bonds). The total value of bond auctions is expected to reach IDR 359.84 trillion (USD $31.3 billion), of which IDR 293.09 trillion (USD $25.5 billion) is rupiah-denominated and €600 million Euro-denominated. The remainder is US dollar and Yen (samurai bonds) denominated.