REPUBLIKA.CO.ID, JAKARTA - Government plans to auction government bonds (SUN) in rupiah currency worth 8 trillion IDR on May 6, 2013. The auction aims to meet revenue target in state budget this year.

The government bonds had nominal value 1 million IDR per unit and consisted of five series, the Directorate General of Debt Management in the Ministry of Finance said in a written statement on Thursday. First, SPN 03130807 (new bond) with discount interest payment and the date of maturity on August 7, 2013. Second, SPN 12140507 (new bond) with discount interest payment and date of maturity on May 7, 2014. Third, FR0064 (resale) with fixed interest rate of 6.13 percent and will mature on May 15, 2028. 

Fourth, FR0065 (resale) with fixed interest rate of 6.63 percent and will mature on May 15, 2033. Fifth, FR0066 (resale) with fixed interest rate of 5.25 percent and will mature on May 15, 2018. The bond will be sold in auction system by Bank Indonesia and offered with pricing methods. 

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