Indonesia launches saving bond retail to raise an estimated $227m

Indonesia launches  saving bond retail to raise an estimated $227m

Photo by Vincencia NLS

Indonesia Finance Ministry had launched non-tradable Saving Bond Retail (SBR) series 002 today as part of the government to effort the local investor bases with indicative targets Rp3 trillion ($227 million). Beside SBR, the ministry also plans to issues Indonesian Retail Bonds (ORI) in second half of this year.

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