JAKARTA: Indonesia sold 2.391 trillion rupiah ($205.85 million) in retail saving bonds at an auction to help finance its 2014 budget, the finance ministry's debt office said on Monday.

The two-year bond, the first it has issued and on offer only to Indonesians, will mature in 2016 and have a floating-with-floor coupon, starting at 8.75 percent for the first three months.

The coupon will be adjusted quarterly with a floor of 8.75 percent.