KONTAN.CO.ID - JAKARTA. State SBSN auction, Tuesday (13/11), was a success. The number of bids for this sukuk auction reached Rp. 11.03 trillion. This amount is almost the same as the offer that came at the SBSN auction two weeks ago, which was Rp. 11.30 trillion. However, in this auction the government only absorbed Rp. 4.12 trillion in the offer. In comparison, in the state sukuk auction two weeks ago the government absorbed Rp. 5.63 trillion. Desmon Silitonga, Research Analyst at Capital Asset Management, said that the sukuk auction is usually followed by domestic investors. Seeing the number of incoming bids is quite stable, Desmon assessed the results of this auction were successful. The average bid is usually IDR 10 trillion to IDR 13 trillion. Desmon also assessed that the government absorbed Rp. 4 trillion is fair.
Short tenor state sukuk is most sought after in the latest auction
KONTAN.CO.ID - JAKARTA. State SBSN auction, Tuesday (13/11), was a success. The number of bids for this sukuk auction reached Rp. 11.03 trillion. This amount is almost the same as the offer that came at the SBSN auction two weeks ago, which was Rp. 11.30 trillion. However, in this auction the government only absorbed Rp. 4.12 trillion in the offer. In comparison, in the state sukuk auction two weeks ago the government absorbed Rp. 5.63 trillion. Desmon Silitonga, Research Analyst at Capital Asset Management, said that the sukuk auction is usually followed by domestic investors. Seeing the number of incoming bids is quite stable, Desmon assessed the results of this auction were successful. The average bid is usually IDR 10 trillion to IDR 13 trillion. Desmon also assessed that the government absorbed Rp. 4 trillion is fair.