Indonesian government has raised ¥177 billion (US$1.62 billion) funds from six series of Samurai bond sales, finance ministry reported today (May 16). This make the Indonesia become the biggest issuance of such bonds by an Asian country.
Ministry of Finance (MoF) sold the Japanese-currency-denominated bonds with 3 to 20-year maturities that have a range of coupons of 0.54% to 1.79% per annum. Joint lead arrangers for the transaction were Daiwa Securities, Mizuho Securities, Nomura Securities and SMBC Nikko Securities, it added.
Previously, the MoF has issued Samurai Bonds of ¥100 billion in 2018, equal to the issuance of previous year. The notes consists of four series RlJPY0521 mature 2021, RlJPY0523 mature 2023; RlJPY0525 mature 2025, and RlJPY0528 mature2028, with a value of respectively ¥49 billion, ¥39 billion, ¥3.5 billion, and ¥8.5 billion. Each series has a coupon rate of 0.67%, 0.92%, 1.07%, and 1.27%.
