Indonesia raises 24.45tr rupiah from debt auction, below target

21-Jan-2021 Intellasia | Reuters | 6:02 AM Print This Post

Indonesia will hold an additional bond auction to sell as much as 28.05 trillion rupiah ($2.00 billion) on Wednesday after raising 24.45 trillion rupiah in Tuesday’s auction, below target, the finance ministry said.

The weighted average yields of the bonds were mostly above the comparable bonds at the previous auction on January 5, 2021.

Incoming bids on Tuesday were 55.29 trillion rupiah, lower than 97.17 trillion rupiah in previous auction and the lowest since October 6, 2020.

($1 = 14,050.0000 rupiah)

https://www.nasdaq.com/articles/indonesia-raises-24.45-trln-rupiah-from-debt-auction-below-target-2021-01-19

 

Category: Indonesia

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