Sunday, August 21, 2016

Indonesia sells 18 trln rupiah of bonds at auction, above target



JAKARTA Aug sixteen Indonesia bought 18 trillion rupiah ($1.37 billion) of bonds at an auction on Tuesday, above the indicative target of 12 trillion rupiah, the finance ministry's financing and risk management office said.

The t-bills maturing in may 2017 had a weighted average yield of 5.81434 percent in Tuesday's auction.

The weighted common yield for bonds maturing in July 2021 was 6.61373 percentage, slightly lower than the 6.64090 percentage in the preceding auction on Aug. 2.

Bonds maturing in may also 2031 had a weighted common yield of 7.19999 percentage, in comparison to 7.18357 percent in the previous public sale.

The weighted common yield for bonds maturing in might also 2036 turned into 7.31998 percentage.

general bids have been 36.96 trillion rupiah, decrease than forty five.88 trillion rupiah acquired within the Aug. 2 auction.

the very best bid-to-cowl ratio changed into 4.seventy four for the t-bills maturing in may additionally 2017.

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