Bank Indonesia Reveals It Has Purchased SBN to Reach IDR 327.45 Trillion as of December 16, 2025

Illustration. (Photo: Dok. Antara)

Bank Indonesia (BI) revealed that it had purchased State Securities (SBN) until December 16, 2025, reaching Rp327.45 trillion, including purchases in the secondary market and debt switching program with the Government of Rp241.99 trillion.

Governor of BI Perry Warjiyo said that the purchase of SBN in the secondary market was carried out according to market mechanisms, measured, transparent, and consistent with monetary programs in maintaining economic stability so that it can continue to maintain the credibility of monetary policy.

"Bank Indonesia's monetary policy continues to be strengthened to encourage higher economic growth while maintaining economic stability," he said in a press conference, Wednesday, December 17.

Perry said the monetary policy was carried out through a reduction in the BI-Rate interest rate, stabilization of the rupiah exchange rate, and expansion of monetary liquidity.

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

According to him, the policy of stabilizing the Rupiah exchange rate continues to be strengthened with interventions in the off-shore market through NDF and interventions in the domestic market through the spot market, DNDF, and the purchase of SBN in the secondary market.

"The expansion of rupiah liquidity is also taken by Bank Indonesia through a reduction in the position of SRBI monetary instruments from Rp916.97 trillion at the beginning of 2025 to Rp735.67 trillion as of December 16, 2025," he said.