Attracting Investment Government Bids

The government sold the state Islamic securities (SBSN) or state project-based sukuk amounting to Rp 655 billion to cover part of the national budget financing target in 2012.

A press release Directorate General of Debt Management, Ministry of Finance received here on Wednesday, said the country's sukuk sale by auction of four series SBSN on Tuesday (26/6).

The fourth series is a series of sukuk country PBS001, PBS002, PBS003, and PBS004. Four series of project-based sukuk, or activities in the 2012 state budget was a resale.

PBS001 series maturing February 15, 2018 in exchange for 4.45 percent. PBS002 maturing January 15, 2022 in exchange for 5.45 percent. PBS003 maturing January 15, 2027 in exchange for 6.00 percent.

While PBS004 maturing February 15, 2037 in exchange for 6.10 percent.Total bids in the auction was reached Rp1, 59 trillion, with details of Rp 916 billion PBS001, amounting to Rp266 billion PBS002, amounting to Rp261 billion PBS003, and PBS004 amounting to Rp 150 billion.

The government only winning bids from PBS001 of Rp655 billion, while in three other series no one won.
Yields a weighted average of 5.91 percent which was won by 4.45 percent rate of return, won a competitive nominal Rp448, 5 billion, non-competitive nominal Rp 196.5 billion won.

Date of payment of remuneration will be made every February 15 and August 15, the completion of the sukuk sale PBS001 series was conducted June 28, 2012.

sumber republika.com, reviewer ; bang mul