JAKARTA- Indonesia Eximbank prepares Rp 1.64 trillion to pay the principal of the 2016 Shelf Registration Bonds II Phase VII 2016 B-series that will due on 19 February 2019.
As cited from the company's disclosure of information, Emalia Tisnamisastra, Vice President of the Division of Financial Institution and Treasury of Indonesia of Eximbank, stated that the company prepared the fund to pay its obligation to the bondholder on the maturity date. "The fund is saved in liquid financial instruments such as banks," she said.
According to her, to pay the bonds on time with the right amount is the commitment of Indonesia Eximbank. The budget will be used to pay the bonds 3 months or at least 10 days before the maturity date.
For information, Indonesia Eximbank had paid the 2016 Shelf Registration Obligation II Phase IV A-series of Rp 657 billion on 1 March 2017. (LK/AR)