Search result for: "Government bonds"

The planning to include 25% of State Owned infrastructure bonds to the minimum regulation government bonds portfolio for Non Bank Financial Industry (NBFI) will attract related SOE to issue more bonds. Bank Indonesia alone has requested SOE to issue bonds aggressively this year to absorb repatriated funds from the proposed tax amnesty program. This week,.

Indosat, Tbk (ISAT IJ) current ratio at 0.44 times, or be under level 1 time, indicated the company’s current asset isn’t quite fulfill its current liabilities. For the record, the company have bonds maturing worth IDR 554 billion by next June. These bonds are bonds series A 370-day tenors with interest of 8.55% per year, which is part of the shelf registration bond.

Three bonds issuers had their bonds listed in the Indonesia Stock Exchange (IDX) this week they are; OCBC NISP (AAA/Stable), Bima Multifinance (BBB/Stable) issued 3 bonds series each and the regular issuer Astra Sedaya Finance (ASDF rated AAA/stable) released 2 new series. Total issuances size from those three companies reached IDR4.15trn and bringing YTD issuance.

Indomobil Finance (IMFI) has conducted book building for Shelf Registered Bond II Tranche II with the coupon rate for 1y bond at 10.25%, higher 115 bps than its previously issued bonds on last April. Meanwhile, 3y and 4y bonds were priced at 10.75% and 11% respectively. They were both higher 75 bps than the last.

A subsidiary of the Panin Group, PT Paninvest Tbk (PNIN), explained that the company currently has not obtained a work contract in the tourism sector due to difficulties in obtaining competent human resources (HR) and colleagues in this field. This was revealed in Paninvest’s response letter to questions from the Indonesia Stock Exchange (IDX), Monday.

Pegadaian Pledged Debt Securities. The choice of loan funds is increasingly diverse and easy. Most recently, PT Pegadaian (accepts debt securities as a pawn product. Director of Marketing and Product Development of Pegadaian, Harianto Widodo. He said that it is currently conducting.

XL Axiata 5G Network. As well as, XL Axiata Tbk (EXCL IJ) mentioned that the process of working on the 5G and Internet of Thing (IoT) XL Axiata project is still ongoing amid the pandemic. Previously, the Ministry of Communication and Information Technology (Kemenkominfo) stated that it had encountered obstacles in working on cellular operator.

Pinehill Company Profile. Indofood CBP Sukses Makmur Tbk (ICBP IJ) has agree to buy Pinehill Company Limited at a high price of USD 3 billion from Pinehill Corpora and Steele Lake. This fantastic purchase value is considered feasible because Pinehill has a business of making and selling instant noodles in eight countries under the Indomie.

Pacific Strategic Financial on MSCI Index. MSCI Inc. announced the latest list of shares that are members of the MSCI Small Cap Indonesia Index. In addition to including six shares that were downgraded from the MSCI Global Indonesia Index, the company also include four completely new.

As well as, IMPC and Lock Down. The producer and distributor of building materials, Impack Pratama Industri Tbk (IMPC IJ), is still optimistic that it will pursue its sales growth target to double digits this year. Despite the challenges of the Coronavirus COVID-19 global pandemic, IMPC hopes that sales in the domestic market can boost.