Reuters logo
Indonesia sells 9-mth SBI, yield rises
September 13, 2012 / 9:16 AM / 5 years ago

Indonesia sells 9-mth SBI, yield rises

JAKARTA, Sept 13 (Reuters) - Indonesia’s central bank sold its nine-month SBI and SBI sharia in an auction on Thursday at a rate of 4.67165 percent, higher than 4.54005 percent for the last auction on Aug. 9, the bank said in a statement.

SBI debt is offered once a month and is aimed at absorbing liquidity in the financial system to control inflation.

According to Bank Indonesia data, foreign ownership of SBIs in August rose 91 percent from a month earlier to 1.24 trillion rupiah ($129.6 million).

Earlier on Thursday, Bank Indonesia kept its benchmark rate at 5.75 percent, which is said is still consistent with low inflation. (Reporting by Rieka Rahadiana and Andjarsari Paramaditha; Editing by Richard Borsuk)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below