JAKARTA. The total incoming bids in the auction of Government Securities (lit. Surat Utang Negara/SUN) last Tuesday, June 11, 2024, reached IDR 42.96 trillion, according to the Directorate General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance.

There were 7 series of SUN auctioned this time, consisting of 2 series of Treasury Notes (lit. Surat Perbendaharaan Negara/SPN) and 5 series of Government Bonds (lit. Obligasi Negara/ON).

SPN12250612 is the SPN series with the highest worth of bids recorded, arriving at IDR 4.08 trillion. Meanwhile, FR0101 is the ON series with the highest bids, worth IDR 13.25 trillion.

Out of total incoming bids, the awarded amount secured by the government clocks up to IDR 22 trillion.

According to IDNFinancials record, the Indonesian government had conducted 4 SUN auctions in the second quarter (Q2) of 2024. In this period, total recorded awarded amount could be rounded up to IDR 86.86 trillion. (KR/ZH)