TEMPO.CO, Jakarta -The government will hold another auction for state bonds (SUN) denominated in rupiah. The Finance Ministry's Director General for Financing and Risk Management Robert Pakpahan said that five SUN series will be auctioned tomorrow, August 2.
The SUN series are SPN03161104 (new issuance), SPN12170804 (new issuance), FR0053 (reopening), FR0056 (reopening), and FR0073 (reopening).
The government has set an indicative target of Rp12 trillion with a maximum proceeds of Rp18 trillion.
Robert said the auction will begin at 10.00 in the morning and last for two hours.
"It's an open auction with a multiple price method."
ANGELINA ANJAR SAWITRI | BAGUS PRASETIYO