Index

 04 March 2007

 
Retail bond agents named by govt
Jakarta

The Finance Ministry has named 16 official agents -- 13 banks and three securities firms -- to market Indonesia's second series of retail bonds (ORI).

"The names of the agents have been agreed on and we will sign the paperwork tomorrow (Friday)," said the Finance Ministry's director general of debt management, Rahmat Waluyanto, on Thursday, as quoted by Detik.com news portal.

The official sales agents for the second series ORI are: PT Trimegah Securities Tbk, PT Danareksa Sekuritas, PT Valbury Asia Securities, Bank Central Asia (BCA), Bank Mandiri, Citibank, Bank Lippo, Bank Negara Indonesia (BNI), Bank Internasional Indonesia (BII), Bank Rakyat Indonesia (BRI), Bank Permata, Bank Danamon Indonesia, Bank Panin, Bank Bukopin, Bank NISP, and Bank Mega.

The second round ORI will be sold to the public during an offering period between March 8 and March 23.

The government limits the maximum purchase per retail investor to Rp 5 billion, with a minimum limit of Rp 5 million.

The government has yet to state the exact amount of ORI that will be issued.

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