On August 8, 2006, The Government is holding government bonds buy back through debt switching mechanism. Basically, all holders of Government Bond series which is offered hereunder can participate in such auction, however in its implementation, must be conducted through a registered Auction Participant and obtain authorization from the Ministry of Finance.  Currently there are 25 (twenty five) registered Auction Participants consisting of eleven national private banks, three State Owned (BUMN) banks, six foreign banks, and five security companies. The said Auction Participants are Bank BCA, Bank Niaga, Bank Buana Indonesia, Bank Danamon Indonesia, Bank Mega, Bank Lippo, Bank NISP, Bank Artha Graha, Bank Permata, Bank BII, and Bank Panin.  Bank Mandiri, Bank BNI and Bank BRI, Citibank NA, HSBC, Deutsche Bank, DBS, Standard Chartered Bank, and ABN Amro NV.  Trimegah Securities, Mandiri Sekuritas, Danareksa Sekuritas, Bahana Securities, and BNI Securities.

The offering price is stated at a clean price with the price unit in the form of percentages up to two decimals and the multiple of 0.05 percent.  The minimum offering volume is one billion rupiah or one thousand units, with a multiple of one billion rupiah or one thousand units. Series of Government Bonds which can be offered by Government Bond holders (source bond) are as follows: