TABLE-Indonesia sells 18 trln rupiah of bonds at auction, above target

April 12, 2016 8:41 AM

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JAKARTA, April 12 Indonesia's finance ministry sold 18 trillion rupiah ($1.37 billion) worth of bonds at an auction on Tuesday, above the indicative target of 12 trillion rupiah.

Total incoming bids were 32.03 trillion rupiah, almost double the 16.05 trillion rupiah received in the previous auction on March 29. The highest bid-to-cover ratio was 2.38 for the three-month T-bills. Following are results of the auction. Bids are in trillions of rupiah, yields are in percent. 3-m...

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