JAKARTA: Indonesia's finance ministry sold 10 trillion rupiah ($885.54 million) worth of conventional government bonds at an auction on Tuesday, the ministry's debt office said, with some yields lower than at the previous auction on March 4.
The government sold all offered securities.
Total incoming bids were 28.38 trillion rupiah compared with 39.1 trillion rupiah during the previous auction. The highest bid-to-cover ratio was 11.15 for the 15-year bond.
The weighted average yield for 1-year T-bills was 6.36080 percent, higher than 6.26667 percent in the previous auction.
Yields for 5-year bonds and 15-year bonds fell to 7.65641 percent and 8.30524 percent compared with 7.84896 percent and 8.59984 percent, respectively.
The debt office also said yield for 20-year bonds was 8.46607 percent and for 10-month T-bills was 6.21750 percent.
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