Indonesia raises more than Rp17 trillion from SBR015 retail bonds
Women accounted for 58.32 per cent of investors and 50.68 per cent of the value purchased, according to the Finance Ministry.
Indonesia’s SBR015 retail savings bond sale raised more than Rp17 trillion from 62,529 investors, according to figures published on 27 October 2026 by the Finance Ministry’s Directorate General of Budget Financing and Risk Management (DJPPR). The proceeds will help meet financing targets for the 2026 state budget and its amendments.
Subscriptions for SBR015T2 reached Rp13.6 trillion, while SBR015T4 attracted Rp3.4 trillion. The bonds were offered from 28 September to 22 October 2026, with annual coupons set at 6.75 per cent and 6.85 per cent respectively.
The T2 series drew 51,702 investors and T4 drew 14,156, with 3,329 buying both tenors. DJPPR recorded 19,583 investors new to retail government bonds, or SUN, and 12,809 new to the broader retail government securities category, SBN.
Women made up 58.32 per cent of participants and accounted for 50.68 per cent of purchases by value. Millennials represented the largest investor group at 49.84 per cent. By purchase value, Generation X led with 38.38 per cent, followed by baby boomers at 31.97 per cent.
Private-sector employees were the largest occupational group, representing 34.36 per cent of investors. Entrepreneurs accounted for the biggest share by value, at 32.10 per cent. Banks led distribution in both sales value and investor numbers, while DJPPR said fintech and securities firms also played an important role in retail participation.
