JAKARTA: Indonesia sold 9 trillion rupiah ($661.3 million) worth of bonds at an auction on Tuesday, above the indicative target of 6 trillion rupiah, the finance ministry's financing and risk management office said.
The weighted average yields for the three-month T-bill and one-year T-bill were 6.34219 percent and 7.22368 percent respectively.
The 11-year bond had a weighted average yield of 8.65374 percent, higher than 8.63441 percent received from the previous sale on Oct. 27.
The weighted average yield for the 21-year bond was 9.06714 percent.
Total incoming bids were 13.68 trillion rupiah, higher than the 12.66 trillion rupiah received on Oct. 27.
The highest bid-to-cover ratio was 1.84 for the one-year t-bill.
Foreign investors held 37.44 percent of Indonesian government rupiah bonds as of Nov. 6.
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