There Are Many Enthusiasts, Buy Retail Sukuk In 2022 More Difficult Than Buy Blackpink Tickets

Illustration (Photo: Doc. Antara)

Minister of Finance Sri Mulyani expressed her happiness when she found that the government's financing instruments were sold well by investors throughout 2022. She conveyed this expression when speaking at the closing ceremony of trading in the 2022 Indonesia stock exchange.

"Ladies and gentlemen, the government also uses the capital market as a vehicle to issue state securities (SBN). The state bonds show a fairly positive performance with an increasing number of investors," he said in Jakarta on Friday, December 30.

According to the Minister of Finance, the total number of SBN investors has experienced a very rapid increase. The Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance noted that sales of retail sukuk 2022 for a value of IDR 10 trillion were completely invaded by investors in just a few minutes.

"In fact, my subordinates said it was more difficult to buy retail sukuk than Blackpink (girlband from South Korea) tickets with 35,000 investors," he said.

This situation, continued the Minister of Finance, is a portrait that the financial market in Indonesia still has very promising potential and needs further deepening.

"This is the younger generation who will later become the perpetrators of the stock exchange, both in the stock exchange sector and in the state securities exchange," he said.

Citing the state budget realization report released by the Ministry of Finance, it is known that until November 2022 state sharia securities (SBSN) or sukuk issued by the government in the domestic market will reach IDR 980 trillion. Meanwhile, for SBSN in the form of foreign currency (foreign currency), it was recorded at IDR 333.3 trillion.

Meanwhile, the total government debt up to last month was IDR 7,554.2 trillion, equivalent to 38.6 percent of gross domestic product (GDP). This figure increased compared to October 2022 which amounted to IDR 7,496.7 trillion or 38.3 percent of GDP.