Markets

Indonesia sells 15 trillion rupiah of bonds at auction, above target

Published February 2, 2016 Updated February 2, 2016 04:01pm

1 min

By Shoaib Ur Rehman

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JAKARTA: Indonesia's finance ministry sold 15 trillion rupiah ($1.10 billion) worth of bonds at an auction on Tuesday, above the indicative target of 12 trillion rupiah.

Total incoming bids were 34.64 trillion rupiah.

The highest bid-to-cover ratio was 3.82 for the three-month T-bills.

Following are results of the auction. Bids are in trillions of rupiah, yields are in percent.

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