| BUSINESSWEEK ONLINE : JUNE 14, 1999 ISSUE | ||||||||
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| INTERNATIONAL -- ASIAN BUSINESS
Indonesia's Costly Bond Package RECIPIENTS AMOUNT OF GOVERNMENT AID
PRIVATE, REGIONAL, $12.9 billion in gov-
AND NATIONALIZED ernment bonds,
BANKS paying 12% to 29%
BANK INDONESIA $6.7 billion in govern-
(CENTRAL BANK) ment bonds, indexed
to pay 3% above infla-
tion (forecast at 12%)
STATE-OWNED $30.9 billion in gov-
AND REMAINING ernment bonds, paying
PRIVATE BANKS a rate to be set later
DATA: INDONESIAN FINANCE MINISTRY
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RELATED ITEMS A Bank Bailout That Might Turn Indonesia's Tide (int'l edition) TABLE: Indonesia's Costly Bond Package INTERACT E-Mail to Business Week Online | |||||||