Minister of Finance (“Minister”) has issued Regulation No. 77/PMK.08/2013 on the Initial Offering of Government Bonds in Foreign Currency at the International Market (“2013 Regulation”)in order to improve the procedure of selling government bonds (Surat Utang Negara – “SUN”).
Previously, the same matter was regulated under Minister Regulation No. 217/PMK.08/2008 on the Sale of Initial Offering of Government Bonds in Foreign Currency at the International Market, as amended several times, the last being Minister Regulation No. 34/PMK.08/2011 (“2008 Regulation”).
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