JAKARTA. The government set a nominal value of Rp 11.3 trillion in the first State Sukuk auction of 2021 on Tuesday (12/1).
The amount is lower than the set indicative target of Rp 14 trillion.
According to the Ministry of Finance's Directorate-General of Financing and Risk Management, the government recorded an oversubscription of three times with a total of Rp 24.27 trillion in received offer.
The PBS028 series recorded an offer of Rp 7.07 trillion, with Rp 2.5 trillion won by the government, while the smallest offer was made for the SPNS13072021 series with Rp 1.65 trillion.
The series put for auction were SPNS13072021 (new issuance), PBS027 (reopening), PBS017 (reopening), PBS029 (new issuance), PBS004 (reopening), and PBS028 (reopening) through Bank Indonesia's auction system. (AM/MS)