Jakarta - The government absorbed Rp5.07 trillion from the auction of seven series of State Sharia Securities (SBSN) on April 23, 2023.
The Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance (Kemenkeu) revealed that the total incoming bids at this auction amounted to IDR 16.26 trillion.
In an official statement received by Indonesia Window here on Tuesday (23/3/2024), the auctioned series included SPNS22102024 (new issuance), SPNS20012025 (new issuance), PBS032 (reopening), PBS030 (reopening), PBS004 (reopening), PBS039 (reopening), and PBS038 (reopening) through the Bank Indonesia auction system.
The largest absorption came from the SPNS20012025 series which won Rp1.69 trillion from the incoming bid of Rp4.69 trillion. The weighted average yield won was 6.65998 percent.
The next absorption was the PBS039 series with a nominal value of Rp1.47 trillion. The incoming bid for this series amounted to Rp1.67 trillion with a weighted average yield won of 7.12998 percent.
Furthermore, the PBS032 series absorbed funds of Rp1.05 trillion, where the incoming bid for this series was recorded at Rp3.54 trillion. The weighted average yield of this series is 6.90970 percent.
The PBS038 series won funds of IDR715 billion from an incoming bid of IDR732 billion, with a weighted average yield of 7.14975 percent.
From the PBS030 series, the government won a nominal amount of IDR 80 billion from the incoming bid of IDR 1.53 trillion. The weighted average yield of this series is 6.84875 percent.
The government absorbed Rp50 billion from the PBS004 series which received incoming bids of Rp2.01 trillion, with a weighted average yield of 6.95000 percent.
Finally, from the SPNS22102024 series, the government won IDR20 billion. The total incoming bid for the series was Rp2.07 trillion with a weighted average yield of 6.50000 percent.
As a follow-up to the SBSN auction on April 23, 2024 and in accordance with the Minister of Finance Regulation Number 195/PMK.08/2020 concerning the Auction of Government Sharia Securities in the Domestic Primary Market, the Government will conduct an additional SBSN auction (Green Shoe Option) on Wednesday, April 24, 2024 at 09.00-10.00 WIB.
The series offered at this additional auction are SPNS22102024 and SPNS20012025 with discounted yields, as well as PBS032 (4.87500 percent yield), PBS030 (5.87500 percent), PBS004 (6.10000 percent), PBS039 (6.62500 percent), and PBS038 (6.87500 percent).
Additional auctions can be participated by BI, the Deposit Insurance Corporation (LPS) and/or main dealers who submit purchase offers in the SBSN auction, April 23, 2024.(InfoPublik)