“Retail state bonds, including sukuk retail bonds, are contributing more to the financing of the state budget,” Finance Ministry director for state securities Bimantara Widyajala said Wednesday in Jakarta after signing a partnership agreement with 25 agents trading ORI bonds in 2011. (source)
Bimantara added that funds secured from the sale of ORI bonds constituted between 8 and 9 percent of the total funds the government had secured from the selling of various state bonds in 2011, which stood at Rp 200 trillion (US$23.6 billion) as of Wednesday.
He added that the pre-marketing stage for the ORI008 series offering was from June 10 to Sept. 30, the submission for the sales target proposal would be from Oct. 3 to 4, the coupon rate enactment by the finance minister on Oct. 5, and the listing on the Indonesia Stock Exchange on Oct. 27.
The ORI008 series has a tenure of three years and is set to mature on Oct. 15, 2014.
Agents selling the ORI008 bonds include Bank UOB Indonesia, Citibank, ANZ Panin Bank, Bank Bukopin, BCA, CIMB Niaga, Bank Danamon, BII, Bank Mandiri, Bank Mega, BNI, OCBC NISP, Bank Panin, Bank Permata and BRI.
Other official agents include Ciptadana Securities, Danareksa Sekuritas, Kresna Graha Securindo, Lauthandana Securindo, Mega Capital Indonesia, Reliance Securities, Sucorinvest Central Gani, Trimegah Securities, Standard Chartered Bank and HSBC, Antara reported.
Source : http://www.thejakartapost.com/news/2011/08/03/govt-offer-retail-bonds-october.html - Aug 3, 2011
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