Purbaya Prepares Rupiah Rescue Fund: Bond Stabilization Fund

Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa has revealed that the government will activate a bond stabilisation fund in the near future. This is a special fund established to control interest rates and debt costs while safeguarding interest rates. The fund will be rolled out to purchase government debt securities released by investors. According to Purbaya, the bond stabilisation fund scheme is not like the Bond Stabilisation Framework (BSF) owned by the Financial System Stability Committee (KSSK). He claimed it is not ‘something new’. This scheme has already existed but has not been used. “This is not something new but it has never been implemented. Meaning it exists but is dormant. Actually, it already exists but is inactive,” Purbaya told reporters on Wednesday (6/5/2026). “This is my own, not a framework, not the Bond Stabilisation Fund of the Ministry of Finance. It exists, apparently. So I’ll just activate it,” he said. Purbaya stated that the bond stabilisation fund will later be used to help stabilise the rupiah’s exchange rate. The funds collected by Purbaya will be used to buy SBN or debt securities released by foreigners. He added that this policy does not need coordination with BI or OJK. “It doesn’t have to, right? Like placing my money at BI in a bank, just the form is different,” he said.