BI Said To Have Purchased SBN Capai IDR 289.91 Trillion Until November 18, 2025

JAKARTA - Bank Indonesia (BI) revealed that it had purchased Government Securities (SBN) until November 18, 2025, reaching IDR 289.91 trillion, including purchases in the secondary market and a debt switching program with the Government of IDR 212.60 trillion.

"The purchase of SBN in the secondary market is carried out according to market mechanisms, measurable, transparent, and consistent with monetary programs in maintaining economic stability so that they can continue to maintain the credibility of monetary policy," said BI Governor Perry Warjiyo at a press conference, Wednesday, November 19.

He added that Bank Indonesia continues to strengthen monetary policy to encourage economic growth while maintaining economic stability.

According to him, monetary policy was pursued through a reduction in the BI-Rate interest rate, stabilization of the Rupiah exchange rate, and expansion of monetary liquidity.

Meanwhile, the BI-Rate has decreased by 150 bps, namely 25 bps in September 2024 and 125 bps during 2025 to 4.75 percent until October 2025, which is the lowest level since 2022.

He conveyed that the policy of stabilizing the Rupiah exchange rate continues to be strengthened by intervention in the off-shore market through the NDF and intervention in the domestic market through the spot market, DNDF, as well as the purchase of SBN in the secondary market.

In line with that, Perry said that Bank Indonesia sets a competitive interest rate for foreign exchange monetary instruments to maintain the attractiveness of fund placement in Indonesia which can support the stability of the Rupiah exchange rate.

Meanwhile, the expansion of Rupiah liquidity was also pursued by Bank Indonesia through a decrease in the position of SRBI's monetary instruments from Rp916.97 trillion in early 2025 to Rp699.30 trillion on November 17, 2025.