The Indonesian Export Financing Agency or Eximbank is ready to pay debt worth of Rp1 trillion. In August 15, 2020, the state firm has obligation to repay its bond issued in 2017 with the same amount an has a coupon rate of 7.6% per year.
The management said, the company has provided funds to pay the principal debt at the maturity from various liquid financial instruments including placements with banks. Beside, the matured bond, the financial company still has bonds maturing on Sept. 16, 2020 with total value of Rp913 billion and on Nov. 9, 2020 worth of Rp600 billion.
