JAKARTA. The amount of incoming bids for the last auction of Government Sharia Securities (lit. Surat Berharga Syariah Negara/SBSN) or State Sukuk last Tuesday (22/10) reportedly reached IDR 17.47 trillion.

There were 7 series of state sukuk offered in the auction, consisting of 2 series of Sharia Government Treasury Notes (lit. Surat Perbendaharaan Negara – Syariah/SPNS) and 5 series of Project Based Sukuk (PBS).

SPNS07072025 reported the highest amount of offerings for SPNS, at IDR 3.39 trillion. Meanwhile, PBS038 became the PBS series with the highest amount of incoming bids, totalling IDR 4.95 trillion. 

"Total awarded amount from the 7 auctioned series is IDR 8 trillion," added Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance in the official statement.

According to IDNFinancials data, the government has conducted 21 state sukuk auctions since the beginning of 2024. Meanwhile, the awarded amount has clocked up to IDR 187.62 trillion. (KR/ZH)