The results of the Sukuk auction yesterday, recorded a total bid of IDR 56.69 trillion. The government won five of the six series offered. New Issues PBS031 (3-years) and PBS032 (5-years), are the most won series, worth IDR 5 trillion and 4.35 trillion, respectively. The low cost of funds has made the government win a lot of the two new Sukuk series.

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