Riffrag Business & Finance Report

The government increased the number of debt Rp7, 5 billion through the sale of state bonds series 4 / state bonds (SUN) by auction. Press releases Directorate of Debt Management Department of Finance in Jakarta, Tuesday, say, the total supply in the auction on the 4th Tuesday of SUN series reached Rp14, 88 trillion.

Number of Rp7, 5 trillion is greater than the amount previously set an indicative only set Rp5 trillion. The amount was intended to partly finance the 2010 state budget.

Details of the auction results of 4 series is a series SUN SPN20110113 Rp1, 1 trillion from the incoming supply Rp3, 88 trillion. SUN will mature January 13, 2011.

Series FR0027 Rp1, 45 trillion from the incoming supply Rp3, 7 trillion. Yield (yield) in this series of 8.18 percent and will mature June 15, 2015.

Series FR0028 Rp2, 7 trillion from the incoming supply Rp4, 22 trillion with the yield 8.69 percent and will mature July 15, 2018.

Series FR0052 Rp2, 25 trillion from the incoming supply Rp3, yield 07 trillion to 10.51 percent and will mature August 15, 2030.

Perum Pegadaian explore the issuance of debt or bonds with a value of Rp2 trillion, the amount of funding to earnings this year are targeted to reach Rp75, 8 trillion.

Director Chandra Purnama Perum Pegadaian revealed plans will be realized in this year but definitely not the time.

“With the turnover and profit targets high this year there must be one of subvention funding through bonds next year,” he told the press on exposure to performance in 2009, today.

On that occasion Budiyanto, Director of Finance Perum Pegadaian, adding last year it also relies on the bond. However, he was not sure the bond underwriter or underwriters.

“We’re still exploring it and to the underwriter has not determined, were discussed,” he said.

Budiyanto said that the high target earnings reached Rp75, 8 trillion would encourage it to find funding to support the realization of the target.