Government to Auction Green Sukuk on 21 April
Jakarta (ANTARA) - The government, through the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance, will offer the PBSG002 series green sukuk instrument in the State Sharia Securities (SBSN) auction on Tuesday (21/4).
Quoted from an official statement from the Ministry of Finance in Jakarta on Friday, this issuance continues the government’s commitment to financing environmentally friendly projects, complementing previous green sukuk issuances in both global and domestic markets.
Overall, the SBSN series to be offered consist of three series of Sharia State Treasury Bills (SPN-S) and five series of Project Based Sukuk (PBS).
The details are SPNS01062026, SPNS12102026, SPNS03022027, PBS030, PBS040, PBSG002, PBS034, and PBS038.
The auction will open on Tuesday, 21 April 2026 at 09:00 WIB and close at 11:00 WIB, with results announced on the same day.
The auction will be conducted openly (open auction) using the multiple price method and organised by Bank Indonesia (BI) as the SBSN auction agent.
The indicative auction target is set at Rp12 trillion, with the possibility of the amount awarded reaching a maximum of 200 percent of that target. Settlement of the auction results will take place on 23 April 2026 (T+2).
Participation in the auction can be done by individual or institutional investors through primary dealers appointed by the government. In addition, BI and the Deposit Insurance Corporation (LPS) may also participate in the auction in accordance with applicable provisions.
In its implementation, the government uses the Sharia contract of Ijarah Sale and Lease Back for the SPN-S series and Ijarah Asset to be Leased for the PBS series, in accordance with the fatwa of the National Sharia Council of the Indonesian Ulema Council (DSN-MUI).
The underlying assets of the SBSN come from state-owned goods (BMN) as well as projects or activities in the 2026 State Budget that have received approval from the House of Representatives (DPR).
The government emphasises its flexibility to determine the issuance amount, either larger or smaller than the indicative target, taking into account market conditions and the state’s financing needs.