Indonesia c.bank sells 9-mth SBI debt, yields rise
JAKARTA Jan 10 (Reuters) - Bank Indonesia said it sold 9-month SBI and SBI sharia debt at auction on Thursday with a yield of 4.84021 percent, up from 4.80274 percent the previous month.
SBI debt is offered once a month and is aimed at absorbing liquidity in the financial system to control inflation.
Earlier on Thursday, Bank Indonesia held its benchmark rate at a record low 5.75 percent for a 11th consecutive month due to manageable inflation and optimism over global economic situation. (Reporting by Rieka Rahadiana; Editing by Jonathan Thatcher)
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