JAKARTA, June 6 Indonesia sold 14 trillion
rupiah ($1.05 billion) of bonds at an auction, above the
indicative target of 12 trillion rupiah, the finance ministry's
financing and risk management office said on Tuesday.
The government sold t-bills maturing in September 2017 with
a weighted average yield of 4.95300 percent.
The T-bills maturing in June 2018 had a weighted average
yield of 5.82984 percent.
The bonds maturing in May 2022 had a weighted
average yield of 6.66981 percent.
The weighted average yield for bonds maturing in May 2027
was 6.92990 percent, higher than 6.92116 percent at
the last auction on May 23.
The bonds maturing in August 2032 had a weighted
average yield of 7.38672 percent, higher than previous auction's
Total incoming bids were 33.60 trillion rupiah, lower than
43.87 trillion rupiah received at the last auction.
The highest bid-to-cover ratio was 3.35 for the bonds
maturing in May 2027.
($1 = 13,290 rupiah)
(Reporting by Nilufar Rizki; Editing by Subhranshu Sahu)