JAKARTA. The indicative target set by the government during the auction of Government Securities (lit. Surat Utang Negara/SUN) reaches IDR 25 to 37.5 trillion.
Quoting the website of the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance, the government plans to offer seven series of securities, comprising Treasury Notes (lit. Surat Perbendaharaan Negara/SPN) and Fixed Rate securities.
Out of those seven series, SPN03220505 has the shortest period, maturing by May 5, 2022, with a discount. On the contrary, FR0089 will reach its maturity date the longest, on August 15, 2051, with a 6.875% yield.
The auction is intended to fulfil the financing target specified in the 2022 State Budget. The auction will commence on Wednesday, February 2, 2022, followed by the settlement date on Friday, February 4, 2022. The offered securities have a face value of IDR 1 million per unit. (AM/ZH)