{
    "success": true,
    "data": {
        "id": 1932205,
        "msgid": "government-to-auction-sukuk-next-week-targeting-rp10-trillion-1787273451",
        "date": "2026-08-21 06:55:35",
        "title": "Government to Auction Sukuk Next Week, Targeting Rp10 Trillion",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "The Indonesian government will auction eight series of Sharia-compliant government securities (SBSN) next week, targeting Rp10 trillion in funds. The auction includes both State Sharia Treasury Notes (SPN-S) and Project Based Sukuk (PBS), with settlement scheduled for 28 August 2026. The issuance forms part of the government's efforts to finance the 2026 state budget through Islamic financial instruments.",
        "content": "<p>Jakarta - Based on official information from the Directorate General\nof Financing and Risk Management (DJPPR) of the Ministry of Finance,\neight series of SBSN will be offered in the auction, consisting of State\nSharia Treasury Notes (SPN-S) and Project Based Sukuk (PBS).<\/p>\n<p>According to the DJPPR announcement, the non-competitive purchase\nallocation is set at a maximum of 99% of the amount won for SPN-S series\nand a maximum of 30% for PBS series. Meanwhile, the maximum amount that\ncan be won reaches 200% of the indicative target. The underlying asset\nfor the issuance of SPN-S series is State Property (BMN) that has\nreceived approval from the Indonesian House of Representatives (DPR\nRI).<\/p>\n<p>The issuance of PBS series uses projects or activities in the 2026\nState Budget (APBN) as well as part of the BMN as underlying assets. The\nissuance of SPN-S series SBSN uses an Ijarah Sale and Lease Back\ncontract, while the PBS series uses an Ijarah Asset to be Leased\ncontract.<\/p>\n<p>DJPPR revealed that the SBSN auction will be conducted through the\nauction system of Bank Indonesia as the SBSN Auction Agent. The auction\nis open with a multiple price method. The auction opens on Wednesday\n(26\/8) at 09.00 WIB and closes at 11.00 WIB. The auction results will be\nannounced on the same day. Meanwhile, the settlement date is set for\nFriday, 28 August 2026 or T+2.<\/p>\n<p>The eight sukuk being auctioned are:<\/p>\n<p>\u2022 SPNS12102026 (reopening) - maturing 12 October 2026, with\ndiscount-based return.<\/p>\n<p>\u2022 SPNS01032027 (reopening) - maturing 1 March 2027, with\ndiscount-based return.<\/p>\n<p>\u2022 SPNS25052027 (new issuance) - maturing 25 May 2027, with\ndiscount-based return.<\/p>\n<p>\u2022 PBS030 (reopening) - maturing 15 July 2028, yield rate\n5.87500%.<\/p>\n<p>\u2022 PBS040 (reopening) - maturing 15 November 2030, yield rate\n5.00000%.<\/p>\n<p>\u2022 PBS034 (reopening) - maturing 15 June 2039, yield rate\n6.50000%.<\/p>\n<p>\u2022 PBS005 (reopening) - maturing 15 April 2043, yield rate\n6.75000%.<\/p>\n<p>\u2022 PBS038 (reopening) - maturing 15 December 2049, yield rate\n6.87500%.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/government-to-auction-sukuk-next-week-targeting-rp10-trillion-1787273451",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}