(Bloomberg) -- The Indonesian government plans to
swap treasury bonds on June 12 to lower the cost of interest
payments, Rahmat Waluyanto the Finance Ministry's director
general for debt management, said in Jakarta.
Details of the bond swap will be announced on June 11,
Waluyanto told reporters in Jakarta today. The Indonesian
central bank cut its key interest rate yesterday by a quarter
point to 8.5 percent, the lowest since July 2005.
Read more at Bloomberg Bonds News
swap treasury bonds on June 12 to lower the cost of interest
payments, Rahmat Waluyanto the Finance Ministry's director
general for debt management, said in Jakarta.
Details of the bond swap will be announced on June 11,
Waluyanto told reporters in Jakarta today. The Indonesian
central bank cut its key interest rate yesterday by a quarter
point to 8.5 percent, the lowest since July 2005.
Read more at Bloomberg Bonds News
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