JAKARTA. The amount of incoming bids recorded in the auction of Government Sharia Securities (lit. Surat Berharga Syariah Negara/SBSN) or State Sukuk last Tuesday (8/10), reportedly hit IDR 14.81 trillion.

 as revealed by the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance.

There were 7 series of sukuk offered in today’s auction, consisting of 2 series of Sharia Treasury Notes (lit. Surat Perbendaharaan Negara – Syariah/SPN-S) and 5 series of Project Based Sukuk (PBS).

SPNS07072025 is the SPNS series with the highest incoming bids, recorded at IDR 4.36 trillion. Meanwhile, PBS038 is the PBS series with the highest amount of bids reported at IDR 3.62 trillion.

“Total awarded amount of these 7 auctioned series clocks up to IDR 7.75 trillion,” added the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance.

According to IDNFinacials data, the Indonesian government has conducted 20 state sukuk auctions since the beginning of 2024. The accumulated incoming bids since the beginning of this year have reached IDR 413.58 trillion, with awarded amount peaking at IDR 177.62 trillion. (KR/ZH)