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Incoming bids in SBSN auction reaches Rp 21.40 trillion

21 August 2019 08:59

JAKARTA. The government obtained Rp 8 trillion from the auction of State Sharia Securities (SBSN) or state sukuk on Tuesday (20/8). In the auction, the incoming bids reached Rp 21.40 trillion.

Based on the statement from the Director-General of Budget Financing and Risk Management of the Ministry of Finance, SPNS07022020 series is the best-selling series. Incoming bids for the series reached Rp. 7.23 trillion, while the nominal won was Rp 2.60 trillion. This series, which is due on 7 February 2020, has a weighted average yield of 6.10%.

SPNS07022020 is one of six series offered. All six series were offered with an interest rate of 6.10% -8.34%. The government did not obtain any funds from two of the six series offered, PBS021 and PBS022 series. (AM/AR)

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