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imageJAKARTA: Indonesia sold 7.75 trillion rupiah ($636.92 million) of conventional bonds at an auction on Tuesday, below an indicative target of 10 trillion rupiah, the finance ministry's debt office said.

The three-month T-bills had the weighted average yield of 6.33975 percent and the one-year T-bills had the weighted average yield of 7.05517 percent.

The yield for the 20-year bonds was 9.05940 percent, higher than 8.86988 percent from the previous auction earlier this month.

The yield for the 15-year bond was 8.93967 percent.

Tuesday's auction had total winning bids of 19.87 trillion rupiah, lower than the 24.24 trillion rupiah from the previous sales. There were no winning bids for the 5-year bond.

The highest bid-to-cover ratio was 4.08 for the three-month T-bills.

Copyright Reuters, 2014

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