Government Wins All Green Shoe Option Auction Bidding. The lack of bids for additional Sukuk auctions (Green Shoe Option), made the government win all bids in this auction. The government managed to absorb funds worth IDR 1.8 trillion, winning the Sukuk series PBS029, PBS034, and PBS033. Previously, the results of the Sukuk auction on Tuesday (08/03) were only worth IDR 6.2 trillion, or below the indicative target of IDR 9 trillion. Sukuk auction this time, amid the risk of rising inflation, after WTI oil prices continued to rise to the level of USD 125/barrel, while the global benchmark Brent crude oil price penetrated the level of USD 130/barrel.

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