The Indonesian government is seeking to raise 33 trillion rupiah from the auction of government securities scheduled for Feb. 18 as part of its efforts to finance the 2026 state budget, Bisnis reported Monday, citing the Directorate General of Financing and Risk Management (DJPPR).
The government will auction nine series of government securities, consisting of three state treasury bills and six fixed-rate government bonds. DJPPR said it may award up to 150% of the targeted amount depending on market demand, according to the report.
The auction, run by Bank Indonesia, is open to both individual and institutional investors through appointed primary dealers, the news outlet reported.
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