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ORI-005 will be issue on September 2008

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Succes issued Retail Government Bond (ORI) since first issued (ORI-001) till fourth issued (ORI-004) has making our government optimistic by continued to issue the fifth retail bond number 005 (ORI-005) on next September 2008. ORI-005 will have a five-year maturity, and the yield will be compared to other five-year bonds in the market.  

The government who reprentative by Rahmat Waluyanto, Director general of debt management assure that the yield of bond will be more attractive than deposit rates currently.  

The government was raised Rp 13.46 trillion (US$1.46 billion) from its last retail bond, ORI-004. From the total offered from February to March, this year, close to 4,000 Indonesians, 22 percent of them housewives, bought the bonds.

Domestics investor were more interested in buying short-term and zero-coupon bonds, while foreign investors preferred long-term bonds (www.thejakartapost.com).   

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