The Ministry of Finance said that the Indonesian government offered yields of 7% and 7.37% on its two U.S. dollar bonds maturing in 2017 and 2035, respectively. The Ministry further said that the two state bond offerings worth US$1 billion each would be called as INDO-17 repayable, and INDO-35 maturing. The INDO-17 bond would target the U.S. market (49%), Asian market (30%) and European market (21%t). The INDO-35 will be equally distributed to Asia (33%), Europe (35%) and the US (32%).
