Finance Minister Bambang Brodjonegoro told the press that the coupon rate for the government bonds (SUN) had to be cut from the current 8% for bonds with tenor of 5-10 years. The 5-year tenor SUN offers coupon rate of 8.25% and yield of 7.34%. The 15-year tenor SUN offer coupon rate of 8.74% and 8.21% yield. Bonds with tenor of 10 years offer yield of 8.01%.
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