State-owned Bank Mandiri plans to issue US$100 million in five-
State-owned Bank Mandiri plans to issue US$100 million in five-
year floating rate Eurobonds to refinance its debt due next year
and to improve its financial structure. Dow Jones Newswire quoted
the bank as saying on Wednesday the coupon would be set at the
six-month London Interbank Offered Rate plus a small premium and
the bonds would be listed in either Hong Kong and Singapore. No
details were given on the time-frame of the listing. -- JP
Vehicle sales in the domestic market rose 6.5 percent to 27,758
units in October from 26,041 a month earlier, the Association of
Indonesian Automotive Industry (Gaikindo) announced in a
statement on Wednesday. Vehicle exports rose to 3,857 during the
month from 3,596 in September. -- JP