JAKARTA. The value of funds raised in the Indonesian capital market was recorded at IDR 135.25 trillion until August 2024, according to the Financial Services Authority (OJK).

This accumulation includes funds raised by 28 new issuers who have held Initial Public Offerings (IPOs) since the beginning of the year. The emission value of all new issuers was recorded at IDR 4.39 trillion.

"Fund collection in the capital market is still in a positive trend," said Inarno Djajadi, Executive Head of Capital Market Supervision, Derivative Finance and the OJK Carbon Exchange.

Until August 2024, said Inarno, there are also 116 public offering pipelines whose value is estimated at IDR 41.7 trillion. All of these queues are still under review by the OJK.

In detail, 87 issuers will carry out an IPO, with an indicative value of IDR 15.23 trillion. Then 4 Limited Public Offerings (PUT) IDR 1.93 trillion, 9 debt securities and sukuk worth IDR 9.06 trillion, as well as 16 continuous public offerings with a fundraising value of IDR 15.51 trillion.

“We hope that by the end of the year our target will be achieved. "This also shows that this capital market is still attracting interest from potential issuers," said Inarno. (KR/LM)