KONTAN.CO.ID - JAKARTA. Indonesia will increase its 2020 bond issuance target by 160.2 trillion rupiah ($9.68 billion) to cover for the expected widening of 2020 fiscal deficit to 5.07% of GDP, according to a government document presented to parliament on Monday. The 2020 estimated net bond issuance, or the target for bond sales excluding short-term treasury bills for cash management, buybacks and debt switching, was raised to 654.5 trillion rupiah, according to the document. Baca Juga: Hingga Maret, pemerintah tarik utang lewat SBN sebesar Rp 243,8 triliun
Indonesia raises 2020 bond sale target to fund widening deficit
KONTAN.CO.ID - JAKARTA. Indonesia will increase its 2020 bond issuance target by 160.2 trillion rupiah ($9.68 billion) to cover for the expected widening of 2020 fiscal deficit to 5.07% of GDP, according to a government document presented to parliament on Monday. The 2020 estimated net bond issuance, or the target for bond sales excluding short-term treasury bills for cash management, buybacks and debt switching, was raised to 654.5 trillion rupiah, according to the document. Baca Juga: Hingga Maret, pemerintah tarik utang lewat SBN sebesar Rp 243,8 triliun