Bids in SUN auction exceeds IDR 55.98 trillion
JAKARTA. The number of bids included in the Government Securities (SUN) auction on 14 February 2023 was recorded at IDR 55.98 trillion.
According to the official statement from the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance, the FR0096 series managed to receive the highest attention with a total incoming bid of IDR 24.35 trillion.
Meanwhile, the FR0095 series received offers of IDR 16.21 trillion, SPN12240201 IDR 6.65 trillion, FR0098 IDR 3.11 trillion, FR0097 IDR 2.88 trillion, FR0089 IDR 1.84 trillion, and SPN03230517 IDR 940 billion.
Of all the bids that came in, the total nominal value won by the Government of Indonesia was IDR 20 trillion. The total nominal value won was still below the auction's indicative target of IDR 20 trillion.
Previously, at the end of January 2023, the Government of Indonesia had also held an auction for 8 series of SUN. The number of bids included in the auction was IDR 67.08 trillion. Meanwhile, the nominal amount won was IDR 23 trillion. (KR/LM)