Government earns IDR 10 trillion from sukuk auction this week

Jakarta - The government absorbed funds worth IDR 10 trillion from the auction of seven series of State Sharia Securities (SBSN) or sukuk on February 11, 2025.

The Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance (Kemenkeu) in its statement quoted in Jakarta, Wednesday, stated that incoming bids for this auction reached IDR 30.26 trillion.

Of the seven sukuk series auctioned, the Government only absorbed funds from four series, including SPNS10112025 (new issuance), PBS003 (reopening), PBS030 (reopening), and PBS038 (reopening).

Meanwhile, for the SPNS04082025 series ( reopening ), PBS034 (reopening) , and PBS039 ( reopening ), the Government decided not to absorb funds even though they received offers of Rp1.26 trillion, Rp573 billion, and Rp296 billion respectively.

From the SPNS10112025 series, the Government won funds worth IDR 500 billion with a weighted average yield won of 6.30000 percent.

The number of incoming bids for the series due on November 10, 2025 reached IDR4.87 trillion, with the lowest incoming yield of 6.3 percent and the highest yield of 6.55 percent.

For the PBS003 series, funds raised amounted to IDR 2.55 trillion with a weighted average yield of 6.57964 percent.