Indonesia accepts Rp20.65 trillion at government debt auction
Bids reached Rp31.09 trillion against an indicative target of Rp30 trillion, with FR0110 attracting the largest amount.
Indonesia accepted Rp20.65 trillion in its auction of nine government debt series on 27 October 2026, according to the Finance Ministry’s Directorate General of Budget Financing and Risk Management. Investors submitted Rp31.09 trillion in bids, while the government’s indicative fundraising target was Rp30 trillion.
FR0110, which matures on 15 May 2032, drew the largest amount of bids at Rp8.85 trillion. SPN12271014, maturing on 14 October 2027, received Rp6.86 trillion, while investors offered Rp6.15 trillion for FR0111, due on 15 March 2037.
FR0107 recorded the highest bid-to-cover ratio at 5.95, comparing bids received with the amount accepted by the government. The ratios for SPN01261128 and FR0105 were 2.12 and 1.49 respectively.
The auction used Bank Indonesia’s system. SPN01261128 and SPN03270127 were new issues, while SPN12271014, FR0110, FR0111, FR0112, FR0107, FR0102 and FR0105 were reopened series.
