BUDGET DEFICIT
Depending on Government Bonds
Tuesday, August 11, 2009
The government incites the issuance of state bonds, thus creating a race with corporate bonds.
arsip tempo : 173167068974.
TWICE in one week Bank Central Asia revised the sales targets of Indonesian retail bonds alias ORI 006. To begin with, this bank that became a sales agent for these ORI bonds—out of 20 agents appointed by the government—only set a sales target of Rp300 billion. In reality, demand increased. On 29 July, BCA added a further Rp150 billion raising the sales target to Rp450 billion.
Orders continued to roll in. Targeted sales were raised to Rp65
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