The Ministry Of Finance Reveals The Condition Of The Market For Auction Of Good State Securities

Rupiah (Photo: Antara)

The Director General of Financing and Risk Management (DJPPR) of the Ministry of Finance, Suminto, explained that the current condition of the auction of state debt securities (SUN) is well reflected in the position of the last SUN auction.

"Now there are a lot of inflows. The auction this time is good, the income is IDR 104.07 trillion," said Suminto, Tuesday, August 20, 2024.

However, Suminto is reluctant to provide an overview of the current condition of next year's auction amid global uncertainty. "Later discuss this for a long time," he said.

For information, the government has conducted an auction of Government Securities (SUN) on August 20, 2024 for the SPN03241120 series (new issuance), SPN12250807 (reopening), FR0104 (new issuance), FR0103 (reopening), FR0098 (reopening), FR0097 (reopening) and FR0102 (reopening) through the Bank Indonesia auction system.

Meanwhile, the total incoming bids at the SUN 20 August 2024 auction amounted to IDR 104.07 trillion. Meanwhile, the nominal won (paid bids) at this SUN auction amounted to IDR 27 trillion.

Meanwhile, the largest incoming bids in the SUN FR0104 (new issue) series reached IDR 50.58 trillion with a yield of 6.7 percent. Meanwhile, the nominal amount won was IDR 11 trillion.

Furthermore, the SUN FR0103 (reopening) series reached IDR 30.61 trillion with a yield of 6.78 percent. Meanwhile, the nominal amount won was IDR 11.7 trillion.