Article: Bank Tabungan to issue IDR1bn in MBS next year.

Global Banking News-12 November 2009-Bank Tabungan to issue IDR1bn in MBS next year(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 12 November 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Indonesian state mortgage lender PT Bank Tabungan Negara (BTN) (JAK: BTPN) has said that it was planning to issue between IDR500bn and IDR1tn (up to USD100m) worth of mortgage-backed securities next year.

In February, the state mortgage provider has sold a portfolio of 5,060 mortgage loans to state-run securities firm PT Danareksa Investment Management. Danareksa, along with custodian PT Bank Rakyat ...

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