Bids in SUN auction reaches IDR 73.24 trillion
JAKARTA. The number of bids entered in the Government Debt Securities (SUN) auction on Tuesday (30/1) was recorded at IDR 73.24 trillion, according to the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance.
There are 8 SUN series being offered in the auction. The details consist of 2 series of State Treasury Notes (SPN) and 6 series of State Bonds (ON) FR series.
The FR0101 series received the most bids, with a total bid amount of IDR 25.6 trillion. Meanwhile, the SPN03240501 series received the lowest bid with an amount of IDR 3.46 trillion.
Of all the bids submitted, the nominal amount won by the Indonesian Government was only IDR 24 trillion. This number is equivalent to the indicative target announced by the Indonesian Government last week. (KR/LM)