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Indonesia raises 4.5 trln rph in debt auction, below target
April 9, 2013 / 9:18 AM / 4 years ago

Indonesia raises 4.5 trln rph in debt auction, below target

JAKARTA, April 9 (Reuters) - Indonesia sold 4.5 trillion rupiah ($461.61 million) of conventional government bonds in a debt auction on Tuesday, with yields higher than the previous auction, the finance ministry said.

The sale was smaller than a targeted 7 trillion rupiah, and there were no winning bids for the benchmark 10-year bond, as the auction came on the heels of the finance ministry’s global dollar bond issue that raised $3 billion this week.

Indonesia raised 54 trillion rupiah of bonds in the first quarter of the year and aims to sell 60.45 trillion rupiah in the second quarter. ($1 = 9748.5 rupiah) (Reporting by Adriana Nina Kusuma; Editing by Neil Chatterjee)

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