PT Bank Tabungan Pensiunan Nasional Tbk get loan US$70 million fron International Finance Corporation. The company will use the loan for funding mikro financing.
Last month, BTPN set bond yield in the level of 11.25 percent and 12 percent. The number of bonds issued by BTPN stands atIDR750 billion, rose from IDR500 billion.
Formerly the bond issued by national bank aimed to tap some IDR500 billion fund offering 11.25-12.25 percent yield for tranche A with three years tenure and 11.75—12.75 percent for tranche B with five years tenure.
The offer for BTPN bonds stands at IDR1 trillion. The composition of BTPN three years tenured bond is worth IDR350 billion and five years tenure IDR400 billion.
Monday, October 5, 2009
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