Govt to offer bonds worth Rp4 trillion on Feb 9

Antara News, Saturday, February 6, 2010 06:42 WIB

Jakarta (ANTARA News) - The government will offer rupiah-denominated bonds of Rp4 trillion in an auction next Tuesday to meet part of financing target in the 2010 state budget, the finance ministry said.

The bonds up for the auction will have a nominal value of Rp1 million per unit, it said in a statement on Friday.

The bonds are series SPN20110210, FR0031, FR0040 and FR0052. The last three bonds are the reopening of the existing issues.

The discount rate bonds series SPN20110210 will mature on February 10, 2011.

The fixed rate bonds series FR0031 carry a coupon rate of 11 percent and will mature on November 15, 2020. Payments for the coupon will be made every May 15 and November 15.

The fixed rate bonds series FR0040 carry a coupon rate of 11 percent and will mature on November 15, 2025. Payments for the coupon will be made every March 15 and September 15.

The fixed rate bonds series FR0052 carry a coupon rate of 10.50 percent and will mature on August 15, 2030. Payments for the coupon will be made every February 15 and August 15.

The statement said the bonds will be offered in an open auction using a multi-price method.