Indonesia Plans to Issue Global Bonds US$3 Billion | Exclusive

By admin
Posted 24 May 2013 | 14:06

(The Insider Stories) - Indonesian government plans to issue dollar denominated bonds with value above US$3 billion in second half of 2013 to finance 2013's revised budget.

The bonds issuances will divided into Global Medium Term Notes and Syariah's bond each US$1.5 billions.

Debt Director General of Finance Minister Robert Pakpahan said, to finance additional government bonds issuances IDR60.7 trillion or totally IDR241.3 trillion in 2013's revised budget, Indonesia's will issue dollar, domestic and retail bonds.

Now the finance ministry has sent the request for information to arranger's candidate and will announce it in the next two weeks.

By the end of August government will go roadshows to Singapore, Hong Kong, London and New York.

The pricing of the syariah's bond targeting end of September or in October The GMTN expect will issue in fourth quarter of 2013.


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