JAKARTA. The incoming bids recorded in the auction of 7 series of Government Securities (lit. Surat Utang Negara/SUN) yesterday (13/6) clocked up to IDR 76.24 trillion.

The bids were mostly directed to FR0096 series, recording total incoming bids of IDR 24.86 trillion. The incoming bids for FR0098 reached IDR 18.23 trillion, followed by FR0095 with IDR 14.41 trillion, FR0097 IDR 9.58 trillion, FR0089 IDR 7.21 trillion, and SPN12240299 IDR 1.93 trillion.

Out of the total incoming bids, the amount absorbed by the government is IDR 15 trillion. It matches the indicative target of this auction set by the government last week.

According to IDNFinancials data, the Indonesian government had previously held another tender of SUN on May 29, 2023. In said round of auction, the incoming bids reached IDR 58.44 trillion, booking awarded amount of IDR 15 trillion, as well. (KR/ZH)