SUN Auction Early Years Absorbed Rp25.5 Trillion

INDUSTRY.co.id - Jakarta - The government absorbed Rp25.5 trillion from an auction of five series of Sovereign Debt Instruments (GS) in early 2018 to meet some financing in the 2016 State Budget and Revenue with a total offer of Rp86.2 trillion.

Press release from the Directorate General of Financing and Risk Management of the Ministry of Finance received in Jakarta on Wednesday (3/1/2017) mentioned that the auction fulfills the maximum target set at Rp25.5 trillion.

Of the auction, the amount won for the SPN03180404 series reached Rp5 trillion with a weighted average yield of 4.189 percent. Bidding for bonds maturing on April 4, 2018 reached Rp13, 67 trillion.

The lowest yield for the series of bonds with this discount rate reached 3.98 percent and the highest yield of 5.10 percent.

For the SPN12190104 series, the won Rp5 trillion with a weighted average yield of 4.98840 percent. Bidding for bonds maturing on January 4, 2019 reached Rp13, 4 trillion.

The lowest yield for the series of bonds with this discount rate reached 4.9 percent and the highest yield at 5.5 percent.

For the FR063 series, the nominal amount won reached Rp4 trillion with a weighted average yield of 5.79996 percent. Bidding for bonds maturing on May 15, 2023 reached Rp21, 47 trillion.

The lowest yield for the series of bonds that has a coupon rate of 5.625 percent is 5.78 percent and the highest yield of 6.18 percent.

For the FR064 series, the nominal amount won reached Rp7.1 trillion with a weighted average yield of 6.23665 percent. Bidding for bonds maturing on May 15, 2028 reached Rp23, 7 trillion.

The lowest yield for the series of bonds that has a coupon rate of 6.125 percent is 6.21 percent and the highest yield of 6.66 percent.

For the FR075 series, the nominal amount won reached Rp4.4 trillion with a weighted average yield of 6.99998 percent. Bidding for bonds maturing on May 15, 2038 reached Rp13, 9 trillion.

The lowest yield for the series of bonds that have a coupon rate of 7.5 percent is 6.98 percent and the highest yield of 7.19 percent.