JAKARTA: Indonesia raised 22 trillion rupiah ($1.50 billion) at a bi-weekly bond auction on Tuesday, the finance ministry said, above its indicative target.
The weighted average yields of the bonds were below those achieved for comparable bonds at the previous auction on July 28.
Incoming bids reached 106 trillion rupiah, above the bids in the previous auction.
Yields from Tuesday's auction will be partly paid by the central bank as part of the burden-sharing scheme for COVID-19 relief.
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