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imageJAKARTA: Indonesia sold 10 trillion rupiah ($765.1 million) worth of conventional bonds at an auction on Tuesday, in line with an indicative target, the finance ministry's financing and risk management office said.

The three-month T-bills had a weighted average yield of 5.40205 percent.

The one-year T-bills had a weighted average yield of 6.11300 percent, higher than 5.92043 percent from the previous auction on March 17.

The weighted average yields for nine-year and 19-year bonds were 7.43877 percent and 7.77844 percent, respectively.

The statement did not say about the total incoming bids.

Highest bid-to-cover ratio was 3.52 for the three-month T-bills.

Indonesia aims to raise 93.5 trillion rupiah as its second- quarter target between April and June this year from both of conventional and sharia bonds, excludes foreign denominated and retail bonds.

Copyright Reuters, 2015

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