The government plans to auction bonds or government securities ( GS ) in the rupiah to Rp 8 trillion indicative amount on 2 April 2014 .
Written statement of the Directorate General of Debt Management, Ministry of Finance through its official website on Thursday , said the sale of government securities through the auction to meet part of financing target in Budget 2014.
SUN to be auctioned has a nominal per unit of Rp1 million . There are five government bonds to be auctioned , ie SPN03140703 ( new issuance ) , SPN12150403 ( new issuance ) , FR0069 ( resale ) , FR0070 ( resale ) and FR0068 ( resale ) .
Interest payments have been discounted to SPN03140703 done , SUN will be due July 3, 2014 . Interest payments SPN12150403 also discounted . The bonds will be due 3 April 2015 .
FR0069 series has a fixed interest rate of 7.88 percent and a maturity of 15 April 2019 . FR0070 series has a fixed interest rate of 8.38 percent and a maturity of 15 April 2024 . FR0068 series with a fixed interest rate of 8.38 percent and matures March 15, 2034 .
SUN Sales will be conducted using a system of auctions held by Bank Indonesia . The auction will be open and use a variety of pricing methods .
The government has the right to sell government bonds to six larger or smaller than the indicative amount
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