Indonesia sells 14 trln rupiah of bonds at auction, above target

January 19, 2016 8:56 AM

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JAKARTA Jan 19 Indonesia sold 14 trillion rupiah ($1.01 billion) worth of bonds at an auction on Tuesday, above the indicative target of 12 trillion rupiah, the finance ministry's financing and risk management office said.

The weighted average yield for the one-year T-bills was 7.23111 percent, lower than 7.51663 percent in the previous sales on Jan. 5.

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