JAKARTA (Indonesia Today) – Government might increase target of the offering of retail bond series 009 to Rp19.97 trillion, form current Rp12 trillion, depending on the demand, Bisnis Indonesia reported this morning.
The government had on Friday (Sept 21) launched the offering of retail bond series 009 with tenor of 3 years and offers annual coupon of 6.25%.
The public investor can absorb the retail bond for minimum Rp5 million and maximum Rp3 billion. The bond is offered through 22 agents consisting of 17 banks and 5 securities companies.
The government also plans to issue samurai bond ??and global sukuk this year end to help achieve this year’s target of government bond issue amounting Rp270.4 trillion, increased 125.7% from Rp119.8 trillion in 2011. The government bond will help fund the this year’s budget. (hans@theindonesiatoday.com)