30 March 2020 (closed)
USD/IDR (16,230) -98.00 -0.60%
EUR/IDR (17,920) +122.83 +0.69%
Jakarta Composite Index (4,414.15) -131.07 -2.88%
Today (21/01), the government of Indonesia auctions rupiah-denominated state bonds of IDR 10 billion (USD $833 million) in order to reap funds to finance targets set in the government's 2014 state budget (APBN 2014). The bonds, involving the new issuance of SPN12150108 and re-openings of series FR0069, FR0070, and FR0071, have a nominal value of IDR 1 million each. Series SPN12150108 is issued at a discount yield. The central bank of Indonesia (Bank Indonesia) organizes the auction using a multiple price method.
The government has the right to sell the four series at higher or lower prices than the indicative target of IDR 10 billion.
Indonesia's New Bond Auction:
|SPN12150108||8 January 2015||7.35%|
|FR0069||15 April 2019||7.88%|
|FR0070||15 March 2024||8.38%|
|FR0071||15 March 2029||9.00%|
Source: Antara News & Bank Indonesia