Part Of The Voluntary Disclosure And State Budget Fulfillment Program, State Sharia Securities Generate IDR 5.97 Trillion

Illustration. (Photo: Doc. Antara)

JAKARTA - The government through the Ministry of Finance has held two actions related to State Sharia Securities (SBSN). One is for the Voluntary Disclosure Program (PPS), the other is for financing the state budget (APBN).

From the two actions, the total funds raised by the government reached Rp5.97 trillion.

Citing information from the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance, Tuesday, July 26, the government issued SBSN series PBS035 by means of Private Placement in the context of PPS. The amount reached Rp393.86 billion which will mature on March 15, 2042..

This series offers a fixed rate of 6.75 percent. While the yield is 7.34 percent.

The characteristics of PBS035 are tradable with a nominal value of IDR 1,000,000 per unit. The number is 393,858 units.

Meanwhile, to meet the target of APBN financing, the government auctioned 7 series of SBSN. Among them, SPNS10012023, PBS031, PBS032, PBS030, PBS029, and PBS033.

As a result, the government recorded a total incoming bid of IDR 10.77 trillion. Of that amount, the series that recorded the largest bid was PBS031 Rp. 5.58 trillion.

Based on the record of the bidding, the Minister of Finance determined that the auction result was Rp. 5.87 trillion, with the largest nominal value being won was PBS031 of Rp. 4.8 trillion.