TABLE-Indonesia aims to raise 2 trln rph in debt sale - News

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TABLE-Indonesia aims to raise 2 trln rph in debt sale

By: AFX | 12 Nov 2009 | 04:16 AM ET

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JAKARTA, Nov 12 (Reuters) - Indonesia expects to raise 2 trillion rupiah ($212.4 million) from auctions of fixed-rate government bonds on Nov. 17, to help fund the budget deficit, the finance ministry said in a statement on Thursday. The budget deficit is forecast at 2.4 percent of gross domestic product this year. The ministry has so far raised about 98 percent of its 144.5 trillion rupiah gross debt issuance target. Following are details of the planned auction: Window time : 1000-1200 (0300-0500 GMT) Series of debt paper : fixed rate bonds FR0031 fixed rate bonds FR0040 fixed rate bonds FR0052 Maturity : Nov 15, 2020 --- FR0031 Sept 15, 2025 --- FR0040 Aug 15, 2030 --- FR0052 Auction method : open auction, multiple price Settlement date : Nov. 19, 2009 ($1 = 9,415 rupiah) (Reporting by Adriana Nina Kusuma; Writing by Sonya Angraini; Editing by Sara Webb) ((ga.arka@thomsonreuters.com; Reuters Messaging: ga.arka.reuters.com@reuters.net; +62 21 384 6364 ext 911)) Keywords: INDONESIA ECONOMY/DEBT (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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