JAKARTA (Yosefardi) – The Government of Indonesia plans to issue foreign-currency bonds worth US$6.2 billion, equivalent Rp72 trillion, next year, 20% of its bond issue target (Rp359 trillion).
The government plans to sell foreign currency notes through auctions amounting US$1 million in 2014, and also issue samurai bonds. The issue of global medium term note (GMTN) will reach US$3-4.5 billion next year.
This year, the government targets to issue global bonds worth Rp66 trillion. It had issued global bonds worth Rp39.23 trillion and global sukuk (shariah) bond worth Rp17.24 trillion. The government will today (Nov 25) offer foreign currency bonds worth Rp5 trillion. World Bank had also provided Rp6 trillion loan for Indonesia.
The government’s bonds debt scheduled to mature this year amounts Rp96.98 trillion. While bond buyback is targeted for Rp3 trillion.