PT Jasa Marga has asked for the bid bonds of IDR20 billion for the underwriter of the issuance of the IDR1 trillion bonds of the company so that they will meet their commitment.
Jasa Marga will take the bid bond if Bahana Securities is unable to meet the commitment of the bond price. For the underwriter, it will be a problem if it is unable to meet the commitment, while the bonds market is also fluctuating amid the strict market competition.
As the market condition has kept changing, the underwriter could miss the commitment
Sunday, April 15, 2007
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