Tuesday, 15 October 2019 | 06:28 WIB

Indonesian Gov‘t Wins IDR8 Trillion from Auction of 6 Gov‘t Sukuks

Indonesian Gov't Wins IDR8 Trillion from Auction of 6 Gov't Sukuks (special)

JAKARTA, NETRALNEWS.COM - The Indonesian government has won IDR 8 trillion in funds from the auction of six series of State Sharia Securities (SBSN/state sukuk) with total incoming bids of IDR 40.19 trillion.

The press statement of the Directorate General of Financing and Risk Management of the Ministry of Finance received in Jakarta on Tuesday (06/25/2019) said that the amount of funds absorbed exceeded the indicative target of Rp6 trillion.

The amount won for the SPNS 01122019 series reached Rp1.45 trillion with a weighted average yield of 6.21983 percent and discounted rewards.

Admission for the SBSN series that will mature on December 1, 2019 is Rp.8.88 trillion with the lowest yield coming in at 6.1875 percent and the highest at 6.78125 percent.

The amount won for the PBS014 series amounted to Rp1.85 trillion with a weighted average yield of 6.78596 percent and a reward rate of 6.5 percent.

This entry offer for the SBSN series that matures on May 15, 2021 reached Rp. 17.33 trillion with the lowest yield coming in at 6.75 percent and the highest at 7.3125 percent.

For the PBS019 series, the amount won reached IDR 3.55 trillion with a weighted average yield of 6.87865 percent and a reward rate of 8.25 percent.

This entry offer for the SBSN series maturing on September 15, 2023 reached Rp.8,951 trillion, with the lowest yield coming in at 6.8125 percent and the highest at 7.71875 percent.

For the PBS021 series, the amount won reaches Rp. 0.25 trillion with a weighted average yield of 7.58424 percent and a reward rate of 8.5 percent.

This entry offer for the SBSN series that matures on November 15, 2026 reaches IDR 0.58 trillion with the lowest yield coming in at 7.5 percent and the highest at 7.84375 percent.

For the PBS022 series, the amount won reached Rp. 0.9 trillion with a weighted average yield of 8.0996 percent and a reward rate of 8.625 percent.

This entry offer for the SBSN series maturing on April 15, 2034 reached Rp2.44 trillion with the lowest yield coming in at 7.34375 percent and the highest yield of 8.8125 percent.

The government did not win the auction for the PBS015 series, even though the incoming bid reached Rp2 trillion, because this time the auction had exceeded the indicative target.