Indonesia’s debt auction awards reach Rp35 trillion
FR0110 attracted Rp28.92 trillion in bids, while short-term securities recorded the highest bid-to-cover ratios.
The Indonesian government accepted Rp35 trillion in bids for rupiah-denominated debt on 10 November 2026, against an indicative target of Rp30 trillion, according to auction results from the Finance Ministry. The sale covered nine securities, comprising both newly issued debt and reopened series.
Demand was highest for FR0110, which received offers totalling Rp28.92 trillion. FR0111 followed with Rp21.25 trillion. Short-term securities led on bid-to-cover ratios, with SPN01261212 recording 9.38 times and SPN03270210 recording 6.66 times.
The highest weighted-average yields on accepted bids were recorded by medium- and long-term securities. These were 7.75925 per cent for FR0112, 7.75671 per cent for FR0105 and 7.74999 per cent for FR0102.
The ministry’s Directorate General of Financing Management and Risk (DJPPR) said the finance minister had set the amount awarded across the nine series at Rp35 trillion. Funds raised through the auction will cover part of the financing target under Indonesia’s 2026 state budget.
