JAKARTA. Incoming bids in the auction of Government Securities (lit. Surat Utang Negara/SUN) on July 23, 2024, reached IDR 57.19 trillion, according to the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance.

There were 7 series of SUN offered in said auction, consisting of 2 series of Treasury Notes (lit. Surat Perbendaharaan Negara/SPN) and 5 FR series of Government Bonds (lit. Obligasi Negara/ON).

SPN12250710 reported the highest bids for SPN category, with total bids of IDR 8.26 trillion. Then, FR0101 reported the highest bids in ON category, with total bids of IDR 19.37 trillion.

“Total awarded amount of 7 series auctioned off is IDR 22 trillion,” said DJPPR of the Ministry of Finance.

According to IDNFinancials data, the Indonesian government has conducted SUN auction on July 9, 2024. Total incoming bids were at IDR 48.35 trillion, with total awarded amount of IDR 24 trillion.

Therefore, total incoming bids in SUN auction since the beginning of the second half (H2) of 2024 is IDR 105.54 trillion, and total awarded amount of IDR 46 trillion. (KR/ZH)