JAKARTA. The total amount of incoming bids in the auction of Sharia Government Securities or State Sukuk on March 7, 2023, clocked up to IDR 19.96 trillion.

PBS036 is the most sought-after series in this auction, boasting total incoming bids of IDR 9.33 trillion. Then, PBS033 followed with incoming bids of IDR 3.59 trillion, exceeding SPNS05092023 of IDR 3.5 trillion, PBS037 of IDR 1.33 trillion, and PBS034 of IDR 744 billion.

Out of the total incoming bids, the awarded amount of those six series reached IDR 11 trillion. The sum of it matches the indicative target announced in late February 2023.

Previously, the Indonesian government had conducted an auction of 5 series of state sukuk on February 21, 2023. The incoming bids on said round of auction were recorded at IDR 30.45 trillion, with an awarded amount of IDR 12 trillion. (KR/ZH)