Rally against government decision to have additional debt. (Illustration)

Govt to make additional debt for Rp76.6 trillion

REPUBLIKA.CO.ID, JAKARTA – The government planned to make additional debt for Rp76.6 trillion this year. This was mentioned in the bill of Budget in Brief APBN-P 2017. The bill noted Rp461.3 trillion of debt financing or increased Rp384.7 trillion from the basic APBN. The additional debt would be allocated to patch the budget deficit this year, in line with the...

Indonesian rupiah (illustration)

Govt to sell bonds worth 10 trillion IDR

REPUBLIKA.CO.ID, JAKARTA - The government plans to sell rupiah bonds in five series valued at 10 trillion IDR on July 22. A written statement of the the debt management directorate general said on Friday the bond fund would be used to help finance the revised 2014 state budget. The bonds would be repayable from May 2015 to March 2034 with fixed...