State-owned pawn shop PT Pegadaian has set bond coupon at 6.55% to 7.7% for its bond worth Rp2.5 trillion, part of its Rp6 trillion bond issue program. The bonds are issued in three series with tenor of 370 days, 3 years, and 5 years. Acting as underwriters for the bond are Bahana Sekuritas, BNI Sekuritas, Danareksa Sekuritas, and Mandiri Sekuritas. Pegadaian targets to book net profit of Rp2.5 trillion this year. While the financing is targeted for Rp40.5 trillion. In 2016, its financing totaled Rp35.5 trillion.
