This actively traded sukuk with a tenor of less than 2-years was successfully won worth IDR 6.6 trillion, from the PBS027 entry offer of almost IDR 20 trillion. In this Sukuk auction, the government won a total of IDR 10 trillion, out of a total bid of IDR 46.7 trillion. The bid for the Sukuk auction was the highest throughout 2021, driven by the high level of liquidity in the banking sector, as well as being selective in lending. The government offers a total of six series of State Sharia Securities (SBSN), namely: SPNS03122021 (0.5-year); PBS027 (1.9-years) PBS017 (4.3-years); PBS029 (12.7-years); PBS004 (15.7-years); and PBS028 (25.3-years).
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