Jakarta (ANTARA News) - The government is to sell three series of state bonds with a total indicative value of Rp2 trillion through an auction on October 6, 2009, a finance ministry official said.

The three bond series to be put up for sale were SPN20101007, FR0040 and FR0052 with a nominal value of Rp1 million per unit, according to Rahmat Waluyanto, the finance ministry`s director general for debt management.

The money raised through the auction would be used to help meet the funding targets of the 2009 state budget.

The SPN20101007 bonds would be sold at a discounted interest rate and mature on October 7, 2010. The R0040 and FR0052 bonds would carry fixed interest rates of 11 percent and 10.5 percent and mature on September 25, 2025 and September 15, 2030 respectively.

In addition to Bank Indonesia and the deposit institutions, the government had appointed 18 primary dealers for the bonds. The 18 primary dealers are Citibank NA, Deutsche Bank AG, HSBC, PT Bank Central Asia Tbk, PT Bank Danamon Indonesia Tbk and PT Bank Mandiri (Persero) Tbk.

Also PT Bank Negara Indonesia (Persero) Tbk, PT Bank Panin Tbk, PT Bank Rakyat Indonesia Tbk, PT Bank Permata Tbk, and PT Bank CIMB Niaga Tbk. In addition Standard Chartered Bank, JP Morgan, Chase Bank, NA, PT Bahana Securities, PT Danareksa Securities, PT Mandiri Securities, and PT Trimegah Securities Tbk.(*)