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Article: INDONESIAN COS POSTPONE $US1.5 BLN BOND ISSUE PLANS.
- Article from:
- AsiaPulse News
- Article date:
- July 10, 2008
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JAKARTA, July 10 Asia Pulse - A number of Indonesian companies have postponed plans to issue bonds valued at Rp13.6 trillion (US$1.5 billion) as the market is not conducive with investors demanding high coupon rates of up to 14 per cent.
Bond market is not favorable marked with a higher demand for yield of up to 13 per cent as against only 9.10 per cent in January, the newspaper Investor Daily said.
There are 13 companies ...