JAKARTA (Yosefardi) – The finance ministry schedules to offer government’s bond through auction on Tuesday (Feb 18), targets to raise Rp10 trillion funds.
In previous auctions, the income bids for the government’s bonds reached Rp30 trillion. The government targets to raise Rp78 trillion through bond auction during first quarter of 2014. As of now, the government had raised Rp43.8 trillion.
The government also targets to issue retail Ismalic bond (sukuk) worth Rp17.5 trillion during first quarter of this year.
The government of Indonesia also plans to next month offer foreign currencies bonds in to domestic investors through auction with indicative target of US$190 million.