Jakarta (ANTARA News) - The government plans to offer state bonds worth Rp7 trillion in an auction on June 21 to meet part of its financing target in the 2011 state budget.

The bonds up for the auction will be series SPN20110922 which constituted new issues. The discount rate bonds would mature on September 22, 2011, Director General of Debt Management at the Finance Ministry Rahmat Waluyanto said in a press statement on Thursday.

The others would be series SPN20120608, FR0053, FR0054 and FR0057, which were the reopening of the existing issues, he said.

The discount rate bonds series SPN20120608 would mature on June 8, 2012, he said.

He said the fixed rate bonds series FR0053 due on July 15, 2021 carry a coupon of 8.25 percent, with coupon payments to be made every January 15 and July 15.

The fixed rate bonds series FR0054 due on July 15, 2031 carry a coupon of 9.50 percent. Payments for the coupon will be made every January 15 and July 15.

The fixed rate bonds series FR0057 due on May 15, 2041 carry a coupon of 9.50 percent. Payments for the coupon will be made every May 15 and November 15.

The statement said the bonds will be offered in an open auction using a multi-price method.

(T.SYS/B/S012/B/O001) (ANTARA)

Editor: Ella Syafputri
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