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IDX: Available Additional Rp12 Trillion Bond Issuance

Jakarta (ANTARA) - Limited Liability Company (PT), Indonesia Stock Exchange states in the near future there will be additional bond issuance of about Rp12 trillion.

"Issuance of the bonds issued by 10 companies, 'said Director of BEI, Ito Warsito, in Jakarta, Monday.

Ito said in the "pipeline" BEI there are about Rp12 trillion corporate bonds will be listed on the BEI. "This value does not include Telkom bonds Rp3 trillion," he said.

But unfortunately, Ito was not willing to say what the company shares to be listed bonds.

"Certainly there are companies financing and fund the majority of bond issuance will be used for business expansion, there is little to pay the debt (refinancing)," he said.

Thus, he said, the target set for the corporate bonds valued at Rp 30 trillion in 2010 it was getting closer.