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Monday, March 14, 2011

Indonesia still plans Samurai bond for 2nd half of 2011

Indonesia's finance ministry said on Monday that it still plans to issue a yen-denominated Samurai bond in the second half of 2011 despite Japan's devastating earthquake and tsunami of last week.

"Every plan to issue debt, including Samurai, is always evaluated every time because timings and market conditions determine prices," debt office chief Rahmat Waluyanto told Reuters.

"The Samurai is still planned for the second half and the government has lots of alternative financial instruments that can be issued in domestic or abroad with different currencies." Source: Reuters

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