The Government will not standby and loan interest

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The Government will not standby and loan interest will continue the publication of state securities (SBN) according to the target. This step is implemented because the market is increasing significantly.

However, according to Grace as Director General of Ministry of Finance debt management, it is possible to draw standby loan in the future remains open if there is more fluctuation in the market.

Government akan interesting standby loan if market conditions are very ugly in which there is no demand or very small and lopsided results (yield) that the government should be very large.

In addition to the regular form of state debt (SUN) and the letter of the state treasury (Save), the government will also publish the retail state bonds (ORI) 006 series in August 2009.

Also have the opportunity or possibility of other private placements, such as with local governments of potential.

About the Sukuk issuance of the semester II 2009, Grace said, but the plans have hit on the underlying assets, which still requires House approval.

According to him, including potential foreign Sukuk issuance is still great because in the publication of some time ago, the incoming request is very large (about 7.2 billion U.S. dollars) but the government only received 650 million U.S. dollars.


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