Coupon Rate of Government Bonds, Series ST005, for the Period from 11th November 2019 to 10th February 2020 - Bank Sentral Republik Indonesia
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August 05, 2020
In light of the recent decision to set the BI 7-Day (Reverse) Repo Rate at 5.00%, effective from 24th October 2019, the coupon rate of Government Bonds, series ST005, for the period from 11th November 2019 to 10th February 2020 is 7.40%. The coupon rate represents the floor because the total of the BI 7-Day (Reverse) Repo Rate and fixed spread produces a rate lower than the floor. Therefore, the spread for series ST005 is 165bps (1.65%).
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