RI Offers Global Bond U.S. $ 2.5 Billion?

Jakarta - The government finally let go of the global bonds (global bonds) worth U.S. $ 2.5 billion on 27 April 2011 yesterday. Interest rates of U.S. dollar-denominated debt securities reached 4.875%.
This was conveyed by the Head of Public Relations Bureau Kemenkeu Yudi Pramadi in a press release on Thursday (04/28/2011). 


"On 27 April the government has made offerings of government securities transactions in foreign currencies are dollar-denominated series R10521 (INDO21-GMTN)," said Yudi.
This offer is part of a global program of medium term notes (GMTN) which has been updated on April 21, 2011. Total incoming bids are high enough that U.S. $ 6.9 billion, but which absorbed U.S. $ 2.5 billion.
The yield (yield) of these bonds is 5.1% with a maturity date May 5, 2021 and the date of publication May 5, 2011. Means a period of 10 years of debt.
"This transaction resulted in excess demand (oversubscription) of 2.76 times," said Yudi.
Based on the types of investors, the allocation of bids received to asset managers is 70%, 24% banks, insurance and pension funds 3%, 3% and private banks.
The distribution of 29% is for investors in Asia, 22% to Europe, and 49% for the United States.
Republic of Indonesia to obtain rating of Ba1 (stable) from Moody's, BB + (positive) from S & P, and BB + (positive) by Fitch.Joint Lead Managers and Joint Bookrunners in this transaction are Deutsche Bank, JP Morgan Chase, and UBS Investment Bank.Acting as co-managers of PT Danareksa Securities and PT Mandiri Securities. source: detik.com
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