BONDS

Coupon Bonds FIF Ranging Up to 10.77% 8.05%
PT Federal International Finance (FIF), finally, determine the range of interest for the plan to issue bonds worth Rp 1 trillion. Coupon corporate debt financing consisting of four series will be in the range 8.05% -10.77%.

Bonds at 370 days to 48 months was using yields on government securities (GS) series FR0016, FR0018, FR0019 and FR0051 as the benchmark or benchmark.

First, the Series A Bonds FIF 370 days wearing a term benchmark bond yield FR0016. By providing a premium 1.1% to 1.6%, the coupon bonds of this series about 8.05% -8.55%.

Second, the series B bonds FR0018 use yield as a reference and gives a premium of 1.1% -1.6%. This 24-month tenor bonds offer a coupon of about 8.68% to 9.18%.

Third, the series C bonds payable in 36 months which gives a premium 1.5% to 2.5%. With reference to the FR0019 bond yield, this series has to offer coupons ranging from 9.47% -10.47%.

Fourth, the series D bonds payable in 48 months will provide a coupon of 9.77% -10.77%. Because, wearing FIF FR0051 yield plus a premium benchmark of 1.65% -2.65%.

Juliani Eliza Syaftari, Finance Director FIF, optimistically, the bonds will be sold in the market publications. Already there are some investors who had expressed interest in our bonds, said Juliani.

Kim Eng Securities analyst bonds Dian Abdul Hakim argues, coupons offered FIF quite interesting. With the investment rating of investment grade, bonds FIF can be an alternative investment choice of corporate bonds, he said.

Corporate bond analyst Trimegah Oktaviano Bramantya says FIF bond yields interesting. He estimates that, given the premium FIF will be followed by other companies that have similar ratings.

Oktaviano say, in general, the potential issuance of corporate bonds this year 2010 could reach Rp 20 trillion-Rp 25 trillion. Market potential is indeed enormous, especially the BI rate has not increased.

Net Income in 2009 EARTH prices slide
Apparently, the performance of PT Bumi Resources Tbk (BUMI) in 2009 will not be encouraging. Senior vice president of investor relations and the earth will experience a decline caused by the amortization expense from 2003 until 2009.

But many people from the earth itself is difficult to turn to for information on net income from the earth. Amortization expense for the period 2003 to 2009 reached U.S. $ 275 million. Previously, analysts have a consensus. Net income for the earth in the year 2009 amounted to U.S. $ 448 million. Earnings on the part of the earth should be higher than estimates that have been in the set.

OPTIMA STILL suspend affected
And capital markets watchdog the Financial Institutions (Bapepam-LK) refused revoke suspension (suspend) Operations PT OPTIMA KHARYA CAPITAL SECURITIES (OKCS) because the transaction fee that was obtained OKCS still will not dilate and allow them to return customer funds that are still stuck in a contract fund management publications PT Optima Kharya Capital Management (OKCM) would not make sense if they (OKCS) could restore the funds, the expression is in to report by the head bapepam - LK on time yesterday. He has submitted to the management attitude OKCS orally and in writing.