JAKARTA. The incoming bids recorded in the auction of Government Sharia Securities (lit. Surat Berharga Syariah Negara/SBSN) today (10/1) reportedly hit IDR 17.45 trillion mark.

The total incoming bids are higher than the indicative target set by the Directorate General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance, which amounts to IDR 14 trillion.

As previously informed through IDNFinancials, there are six series of State Sukuk issued by the Indonesian government in today's auction. They consist of one series of Sharia Treasury Notes (lit. Surat Perbendaharaan Negara Syariah/SPN-S) and five series of Project Based Sukuk (PBS).

SPNS11072023 gained the highest amount of bid, securing IDR 5.01 trillion. Then, PBS036 also attracted IDR 5.03 trillion of bids, followed by PBS003 of IDR 3.03 trillion, PBS037 of IDR 3.35 trillion, PBS034 of IDR 152 billion, and PBS033 of IDR 611 billion.

From the total of the incoming bids, the awarded amount obtained by the Indonesian government clocks up to IDR 13.85 trillion. (KR/ZH)