Skip to main content

Advertisement

Advertisement

Business

Indonesia raises US$1.47 billion from debt auction, meets target -finance ministry

Indonesia raises US$1.47 billion from debt auction, meets target -finance ministry

FILE PHOTO: An employee counts Indonesian rupiah banknotes at a currency exchange office in Jakarta, Indonesia October 23, 2018. Picture taken October 23, 2018. REUTERS/Beawiharta

JAKARTA : Indonesia raised 21 trillion rupiah (US$1.47 billion) in a bond auction on Tuesday, as targeted, the finance ministry's debt management office said in a statement.

Incoming bids were recorded at 116.11 trillion rupiah, higher than the 77 trillion rupiah of bids in the previous auction on Aug. 18. Bonds sold on Tuesday carried lower yields compared to those sold two weeks earlier.

(US$1 = 14,265.0000 rupiah)

(Reporting by Fransiska Nangoy, Nilufar Rizki; Editing by Ed Davies)

Source: Reuters

Advertisement

Also worth reading

Advertisement