JAKARTA. The government sets an indicative target in the auction of Government Debt Securities (SUN) in rupiah currency on Tuesday (16/1/2024) of IDR 24 trillion to IDR 36 trillion. The auction is an effort to meet part of the 2024 APBN financing target.

The Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance in its statement explained that there are seven (7) series of SUN that will be auctioned from 09.00 WIB to 11.00 WIB.

The seven (7) series of SUN that will be offered at the auction on Tuesday (16/1) are two types of New Issuance, namely the SPN03240417 and SPN12250116 series, which will mature on April 17, 2024 and January 16, 2025 respectively, both with a reward in a form of discount. Then FR0101 (maturing April 15, 2029, with 6.87% yield) and FR0100 series (maturing February 15 2034, with 6.62% yield).

Then two more series, namely FR0098 and FR0097, will mature on June 15, 2038 (7.12% yield) and June 15 2043 (7.12% yield), respectively. Meanwhile, the seventh series is FR0102 which will mature on July 15 2054 with a return of 6.87%. (AM/LM)