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Indonesia raises 26.1 trln rupiah from debt auction

  • The weighted average yields of the bonds were mostly higher than the comparable bonds at the previous auction on Sept. 22.
06 Oct 2020

JAKARTA: Indonesia raised 26.1 trillion rupiah ($1.77 billion) in a bi-weekly bond auction on Tuesday, higher than its indicative target, the finance ministry said in a statement.

The weighted average yields of the bonds were mostly higher than the comparable bonds at the previous auction on Sept. 22.

Incoming bids on Tuesday were 49.47 trillion rupiah, higher than the previous auction.