JAKARTA. The offering process of serie 13 state bond (ORI013) has completed. As expected earlier, government missed the sales target for ORI013. Directorate General of Risk and Funding Management at Ministry of Finance recorded only a worth of Rp 19.84 trillion of total demands for ORI013. This amount is lower than Rp 20 trillion of government target. Government even booked a record of demands for ORI012, which were worth of Rp 27.53 trillion. Government finally reaped Rp 19.69 trillion from by offering ORI013. Government recorded orders for ORI013 from 34,331 investors, 50.45% of which were the new investors. The low public interests on ORI013 have been identified during the offering period.
ORI013 sales miss the target
JAKARTA. The offering process of serie 13 state bond (ORI013) has completed. As expected earlier, government missed the sales target for ORI013. Directorate General of Risk and Funding Management at Ministry of Finance recorded only a worth of Rp 19.84 trillion of total demands for ORI013. This amount is lower than Rp 20 trillion of government target. Government even booked a record of demands for ORI012, which were worth of Rp 27.53 trillion. Government finally reaped Rp 19.69 trillion from by offering ORI013. Government recorded orders for ORI013 from 34,331 investors, 50.45% of which were the new investors. The low public interests on ORI013 have been identified during the offering period.