JAKARTA, April 11 Indonesia sold 17 trillion
rupiah ($1.28 billion) of bonds at an auction, above the
indicative target of 15 trillion rupiah, the finance ministry's
financing and risk management office said on Tuesday.
The T-bills maturing in July 2017 had a weighted average
yield of 4.92800 percent while the T-bills maturing in April
2018's weighted average yield was 5.99093 percent.
The bonds maturing in May 2027 had a weighted
average yield of 7.08745 percent, higher than 7.08604 percent at
the previous auction on Mar. 27.
The weighted average yield for bonds maturing in May 2022
was 6.81462 percent.
The bonds maturing in August 2032 had a lower
weighted average yield of 7.46982 percent, down from 7.50959
percent at the last auction.
Total incoming bids were worth 41.89 trillion rupiah, higher
than the 33.95 trillion rupiah received in the auction on March
The highest bid-to-cover ratio was 3.85 for the bonds
maturing in May 2027.
($1 = 13,281 rupiah)
(Reporting by Nilufar Rizki; Editing by Richard Borsuk)