(Insider Stories) - Indonesia's finance ministry sold 12 trillion rupiah ($1.11 billion) of bonds at today’s auction. The total incoming bids reached 25.78 trillion rupiah.

 

According to the ministry's debt office, the yield on one-year T-bills was 6.58825 percent with tota. Yield for 5-year 7.45756, 10-year 8.04968, 15-year 8.35962 and 30-year 8.82462.

 

The country sold 1.0 trillion rupiah of 1-year T-bills, 1.35 trillion rupiah of 5-year bonds, 3.43 trillion rupiah of 10-year bonds, 2.63 trillion of 15-year bonds and 1.80 trillion of 30-year bonds. The highest bid-to-cover ratio was 3.65 for 10-year bonds.

 

On Oct 1^st, Indonesia offering T-bills and project based sukuk with indicative target 1.0 trillion rupiah with tenures six month, 7-years and 30-years.