Indonesia finmin says no Samurai bond issuance in 2011

JAKARTA, April 27 | Wed Apr 27, 2011 4:29am EDT

JAKARTA, April 27 (Reuters) - Indonesia's finance minister Agus Martowardojo said on Wednesday the country will not issue a Samurai bond this year, as the Japanese market might not be able to absorb it after a devastating tsunami last month.

The finance ministry had said shortly after the tsunami hit Japan that it still planned to issue a yen-denominated Samurai bond in the second half of 2011. (Reporting by Adriana Nina Kusuma; Editing by Neil Chatterjee)

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