Indonesian Government Auctions First Ever Euro-Denominated Bonds in 2014
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.