JAKARTA. The total number of bids entered in the Government Debt Securities (SUN) auction on Tuesday (9/7) today was recorded at IDR 48.35 trillion, according to the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance.

There are 7 SUN series being offered in the auction. The details consist of 2 series of SPN (State Treasury Notes) and 5 ON (State Bonds) series FR.

The highest offer was for the SPN series, namely IDR 3.55 trillion against SPN12250710. Meanwhile, the highest bid for the ON series was FR0100 which was recorded at IDR 16.74 trillion.

\"The total amount won from the seven series offered is IDR 24 trillion,\" wrote DJPPR Ministry of Finance.

For the record, this is the first SUN auction held by the Indonesian Government in the second semester of 2024.

According to idnfinancials.com, the bid figure entered in the SUN auction during the first semester (1H) 2024 was recorded at IDR 599.26 trillion. Meanwhile, the nominal amount won in 1H 2024 was recorded at IDR 251.61 trillion. (KR/LM)