Government Wins IDR 9 Trillion Sukuk Auction. Based on data from the Directorate General of Financing and Risk Management (DJPPR), the total bids that entered the Sukuk auction this time reached IDR 33.5 trillion. Meanwhile, the government managed to absorb funds worth IDR 9 trillion, winning all the series offered, namely: SPNS09082022, PBS031, PBS032, PBS030, PBS029, and PBS033. On the other hand, yield expectations amidst external geopolitical sentiments made the nominal won lower than the indicative target of IDR 11 trillion.

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