Wait and see before the FOMC. Based on data from the Directorate General of Risk Financing and Management (DJPPR), the total Sukuk auction bids are worth IDR 48.7 trillion. This figure is lower than the previous Sukuk auction of IDR 53.4 trillion. In addition to the wait and see attitude ahead of the results of the Federal Open Market Committee (FOMC), the decline was in line with the lower indicative target. In this auction, PBS029 became the series that attracted the most investors with the number of incoming bids up to IDR 14.4 trillion.
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