Government Absorbs IDR 10 Trillion from Sharia Bond Auction

The government, through the Ministry of Finance, raised IDR 10 trillion from an auction of eight series of State Sharia Securities (SBSN) or sukuk on 28 July 2026. The Director General of Financing and Risk Management (DJPPR) stated that the total nominal amount won from the eight offered series was IDR 10 trillion, with total incoming bids reaching IDR 24.88 trillion.

For the State Sharia Treasury Bills (SPN-S) series, the SPNS08092026 (reopening) was won at IDR 1.2 trillion from incoming bids of IDR 1.31 trillion, with a weighted average yield of 6.80000 percent and a maturity date of 8 September 2026. The SPNS03022027 (reopening) absorbed IDR 2 trillion from incoming bids of IDR 3.19 trillion, with a weighted average yield of 7.00000 percent, maturing on 3 February 2027. The SPNS12042027 (reopening) was won at IDR 4 trillion from incoming bids of IDR 6.41 trillion, with a weighted average yield of 7.12175 percent, maturing on 12 April 2027.

For the Project Based Sukuk (PBS) series, the PBS030 (reopening) was absorbed at IDR 1.7 trillion from incoming bids of IDR 4.75 trillion, with a weighted average yield of 7.19942 percent, maturing on 15 July 2028. The PBS040 (reopening) was won at IDR 600 billion from incoming bids of IDR 4.19 trillion, with a weighted average yield of 7.29960 percent, maturing on 15 November 2030. The PBS034 (reopening) raised IDR 200 billion from incoming bids of IDR 3.48 trillion, with a weighted average yield of 7.30764 percent, maturing on 15 June 2039. The PBS005 (reopening) was won at IDR 100 billion from incoming bids of IDR 676 billion, with a weighted average yield of 7.33564 percent, maturing on 15 April 2043. Finally, the PBS038 (reopening) was absorbed at IDR 200 billion from incoming bids of IDR 880 billion, with a weighted average yield of 7.31589 percent, maturing on 15 December 2049.

The auction results will be used to meet part of the financing target in the 2026 Fiscal Year State Budget (APBN).