JAKARTA. The amount of incoming bids submitted for the Government Securities (lit. Surat Utang Negara/SUN) yesterday (12/2) reached IDR 52.63 trillion. It is 39.1% lower than the previous round of auction on January 30, 2024, which reached IDR 73.24 trillion.

The SUN series that gained the most bids was FR101, securing incoming bids of IDR 25.6 trillion, as stated by the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. Meanwhile, the series with the least bids was FRSGD001, only scoring IDR 2.56 trillion.

However, FRSGD001 reported the highest yield offering of 7.37%. The series is then awarded with the highest yield compared to 7 other series offered in the auction.

The total awarded amount of these 8 series of SUN was IDR 24 trillion, the same amount as the awarded amount recorded in the last SUN auction.

According to IDNFinancials, Indonesian government has held 4 SUN auctions since early 2024. The awarded amount in the first SUN auction was IDR 21.75 trillion, before climbing to IDR 24 trillion in the next three consecutive auctions.

Therefore, the total awarded amount of 4 SUN auctions reaches IDR 93.75 trillion. (KR/ZH)