Markets

Indonesia raises 9 trillion rupiah from debt auction

Published October 23, 2012 Updated October 23, 2012 12:30pm

 

The finance ministry received total incoming bids of 17.96 trillion rupiah, said acting head Robert Pakpahan, who gave no details on amount raised for each series.

 

Indonesia offered 1-year T-bill, 6-year bonds, 11-year bonds and 21-year bonds.

 

Southeast Asia's biggest economy plans to raise 29 trillion rupiah worth of conventional and sharia government bonds in the fourth quarter of this year.

 

Copyright Reuters, 2012