Government Absorbs IDR 11 Trillion Funds. The results of the auction of State Sharia Securities (SBSN) or the inaugural Sukuk in 2022 yesterday, managed to record an entry bid of IDR 55.3 trillion. From this figure, the government managed to absorb funds worth IDR 11 trillion, winning all series namely: SPNS12072022, PBS031, PBS032, PBS029, PBS034, and PBS033. Meanwhile, the highest entry bids were recorded with short tenors SPNS12072022 and PBS031, worth IDR 21.4 trillion and IDR 15 trillion, respectively.
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