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Retail Obligation

An Issue of Interest

Tuesday, March 13, 2007

The government floats retail bonds at a permanent 9.28 percent interest, but not as attractive as private sector bonds.

arsip tempo : 173518328117.

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SIGNS that the state obligation ORI 002 series would be snapped up were visible even before the market opened. Sinta, customer service officer at a state-owned bank appointed as one of the sales agents, said that, since the beginning of last week she’d already received offers with a value of Rp12 billion. But actually, the official sale of the promissory notes sold specifically to individuals didn’t start until last Thursday.

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