Total bids in SUN auction today exceeded IDR 32.54 trillion
JAKARTA. The number of bids included in the Government Securities (SUN) auction on Tuesday (8/8) reached IDR 32.54 trillion.
In today's auction, there are 8 series of SUN offered. The biggest entry was for the FR0096 series of IDR 9.58 trillion. Then offers for the FR0098 series amounted to IDR 7.35 trillion, FRSDG001 IDR 5.72 trillion, FR0095 IDR 3.6 trillion, SPN12240529 IDR 1.77 trillion, FR0089 IDR 1.74 trillion, SPN12231109 IDR 1.6 trillion, and FR0097 IDR 1.15 trillion.
Of all the bids that came in, the total nominal value won for the 8 series was IDR 9.85 trillion.
Previously, the Government of Indonesia announced an indicative target in this auction of IDR 14 trillion. Thus, the total nominal won in the auction was 42% below the indicative target submitted. (KR/LM)