JAKARTA. The Indonesian government once again is holding an auction for Government Bonds (SUN) on Tuesday (27/6) 2023, with an indicative target of IDR 15 trillion.

In the auction, there are 7 series of SUN that will be offered. The details consist of 2 SPN (State Treasury Bills) and 5 State Bonds (ON) FR series.

The yield offered for the two SPN series is in the form of a discount. Meanwhile, yields for the ON series range from 6.37% to 7.12%.

SUN sales will be carried out using an auction system organized by Bank Indonesia (BI). The auction will be held openly, using various pricing methods.

According to data from idnfinancials.com, the Government of Indonesia had also previously held a SUN auction on June 13, 2023. In this auction, the number of bids that came in was recorded at IDR 76.24 trillion. Meanwhile, the nominal amount won was IDR 15 trillion. (KR/LM)