Government Secures Rp28.8 Trillion from Debt Securities Auction, Yield Reaches 7.29%

The Indonesian government completed the auction process for nine series of state debt securities on 29 September 2026.

From the auction results, investors submitted bids totalling up to Rp42.86 trillion. However, the indicative target set by the government was Rp30 trillion.

Despite the high level of interest, the government only awarded auctions for the nine series of debt securities amounting to Rp28.8 trillion.

“The Minister of Finance has determined that the total nominal amount won from the nine offered series is Rp28.8 trillion,” according to an announcement from the Directorate General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance on Wednesday (30/09/2026).

The highest bid amount was for the FR0110 series valued at Rp12.94 trillion, followed by SPN12270930 at Rp6.16 trillion, and FR0111 at Rp5.42 trillion.

Other series included SPN03261230 at Rp5.31 trillion, FR0112 at Rp3.84 trillion, SPN01261031 at Rp2.98 trillion, FR0107 at Rp2.41 trillion, FR0102 at Rp2.25 trillion, and FR0105 at Rp1.51 trillion.

The highest weighted average yield won was for the FR0102 series at 7.299%, with a coupon rate of 6.87% and a maturity date of 15 July 2054. This was followed by the FR0105 series at 7.295% with a coupon rate of 6.87% and a maturity date of 15 July 2064.

The lowest weighted average yield won was for the SPN01261031 and SPN03261230 series at 6.45%, featuring discount coupon rates and maturing on 31 October and 30 December 2026, respectively.