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Govt to sell 2t of bonds
Aditya Suharmoko , The Jakarta Post , Jakarta | Thu, 10/01/2009 3:52 PM | Business
The government will sell Rp 2 trillion (US$ 200 million) of bonds on Oct. 6 to part-finance the 2009 budget deficit, estimated to reach Rp 129.8 trillion.
It will sell SPN20101007 bills maturing on Oct. 7 next year; FR0040 bonds maturing on Sept. 15, 2025, with a 11 percent yield; and FR0052 bonds maturing on Aug. 15, 2030, with a 10.5 percent yield.
The bonds will be priced at Rp 1 million per unit, the directorate general of debt management said in a statement Thursday.
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