Bond PERTAMINA 5.25% ( USY7138AAA89 ) in USD
| Issuer | PERTAMINA |
| Market price | 100 % ⇌ |
| Country | Indonesia
|
| ISIN code |
USY7138AAA89 ( in USD )
|
| Interest rate | 5.25% per year ( payment 2 times a year) |
| Maturity | 23/05/2021 - Bond has expired |
|
Prospectus brochure in PDF format |
|
| Minimal amount | 200 000 USD |
| Total amount | 1 000 000 000 USD |
| Cusip | Y7138AAA8 |
| Standard & Poor's ( S&P ) rating | BBB ( Lower medium grade - Investment-grade ) |
| Moody's rating | N/A |
| Detailed description |
Pertamina is Indonesia's state-owned oil and natural gas corporation, responsible for the majority of the country's hydrocarbon exploration, production, and distribution. An analysis of a specific debt instrument issued by the Indonesian state-owned energy company, PERTAMINA, identified by ISIN USY7138AAA89 and CUSIP Y7138AAA8, offers insight into the characteristics of this fixed-income security. This particular bond, issued out of Indonesia and denominated in USD, carried an annual interest rate of 5.25%, with coupon payments distributed semi-annually, reflecting a payment frequency of two times per year. The total size of this issuance was established at $1,000,000,000, with an accessibility for investors set at a minimum purchase size of $200,000. PERTAMINA, formally PT Pertamina (Persero), is Indonesia's national oil and gas corporation, wholly owned by the government, and plays a critical role in the country's energy landscape, encompassing extensive operations from upstream exploration and production to downstream refining, distribution, and marketing of petroleum products and natural gas, underpinning its strategic importance to the Indonesian economy and its financial standing. This bond reached its maturity on May 23, 2021, and was subsequently repaid at its par value, reflecting a market price of 100% at the time of redemption, confirming the full fulfillment of the issuer's obligations. Its creditworthiness during its lifespan was underscored by a BBB rating assigned by the prominent rating agency Standard & Poor's (S&P), indicating a stable capacity to meet financial commitments. |
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