JAKARTA, April 26 (Reuters) - Indonesia's finance ministry on Tuesday sold 500 billion rupiah ($58 million) of 25-year sukuk in an auction, as targeted, to help cover this year's state budget deficit. The 25-year sukuk yield rose to 9.42064 percent, from 9.25 percent in the previous auction early this month. The ministry received total offers of 1.703 trillion rupiah. (full story)
There were no winning bids for a 6-year sukuk , a 14-year sukuk and a 19-year sukuk.
Following are the results of the auction. Bids are in billions of rupiah, yields are in percent.
IFR0005 IFR0006 IFR0007 IFR0010 Incoming bids (bln rph) 680 21 163 839 Winning bids (bln rph) - - - 500 - Competitive bids - - - 454 - Non competitive bids - - - 46 Lowest yield (pct) 7.28125 9.31250 8.50000 9.25000 Highest yield (pct) 8.00000 10.50000 9.50000 9.84375 Weighted avg yield - - - 9.42064 Bid-to-cover ratio - - - 1.68 NOTE: The highest and lowest yields refer to incoming bids, not bids absorbed by the ministry. ($1 = 8,622.5 rupiah) (Reporting by Aditya Suharmoko)
No comments:
Post a Comment