KONTAN.CO.ID - JAKARTA. The Indonesian government has announced plans to hold an auction for the Government Sharia Securities (SBSN) or sukuk auction on Tuesday, April 23, 2024. The indicative target for the sukuk auction has been set at IDR 11 trillion. According to the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance, there will be seven (7) series of sukuk to be auctioned, including two series of SPN-S (State Treasury Notes - Sharia) and five series of PBS (Project Based Sukuk). The funds raised from the sukuk auction will be used by the government to meet part of the financing target in the 2024 State Budget.
The Indonesian government will hold a Sukuk auction Target of IDR 11 trillion.
KONTAN.CO.ID - JAKARTA. The Indonesian government has announced plans to hold an auction for the Government Sharia Securities (SBSN) or sukuk auction on Tuesday, April 23, 2024. The indicative target for the sukuk auction has been set at IDR 11 trillion. According to the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance, there will be seven (7) series of sukuk to be auctioned, including two series of SPN-S (State Treasury Notes - Sharia) and five series of PBS (Project Based Sukuk). The funds raised from the sukuk auction will be used by the government to meet part of the financing target in the 2024 State Budget.