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



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