YOGYAKARTA - Bank Indonesia (BI) ensures that the easing of monetary operation instruments through the Rupiah Bank Indonesia Securities (SRBI) will continue to be carried out, both in terms of volume of issuance and decreasing yields (yield) which are increasingly suppressed.
Director of the BI Monetary & Securities Management Department Ronald D. Parluhutan explained that this policy related to SRBI was part of a monetary decision taken at a board of governors meeting in August 2025.
However, he has not been able to confirm whether the policy will continue until 2026.
"We see here that the decline in outstanding and decrease in SRBI interest rates is an implementation of the monetary expansion policy that has been set at RDG August," he said in BI policy activities to Maintain Stability and Encourage Growth, Friday, August 22.
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In terms of issuance, SRBI's outstanding continued to decline, recorded on August 19, 2025, amounting to IDR 720.01 trillion, much less than the position on December 31, 2024 which reached IDR 923.53 trillion.
Meanwhile, SRBI yields also decreased along with the decline in the BI Rate where on December 27, 2024, the 12-month benchmark yield tenor was still above 7.2 percent, but on August 20, 2025, it had fallen to 5.34 percent.
"This is indeed part of the monetary policy decided at RDG, so we see the policy stance to maintain monetary expansion," he said.
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