|
|
Article: Bank Tabungan to issue IDR1bn in MBS next year.
- Article from:
- Global Banking News (GBN)
- Article date:
- November 12, 2009
CopyrightCOPYRIGHT 2009 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
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 ...