GOVT TO AUCTION RP5 TRILLION WORTH OF DEBENTURES

Jakarta, April 15 (ANTARA) - The government planned the sale state debentures in four series with a total value of Rp5 trillion by auction on April 20, 2010.

Finance Ministry spokesman Harry Z. Soeratin said in Jakarta Thursday the debenture sale was aimed at partially meeting the projected financing in the 2010 State Budget.

The four Series are SPN20110407 (reopening) to fall due on April 7, 2011, will be sold with discount payments, FR0027 (reopening) at a fixed interest rate of 9.50 pct and due on June 15, 2015 with coupon payment on every June 15 and December 15, FR0040 (reopening) at a fixed interest rate of 11 percent, will fall due on September 15, 2025 with coupon payments on every March 15 and September 15, and FR0047 (reopening) at a fixed interest rate of 10 percent and to fall due on February 15, 2028 with coupon payments on every February and August 15.

The state debentures will be sold by Bank Indonesia.