BI Buys Primary SBSN to Maintain Inflation Rates | KF Map – Digital Map for Property and Infrastructure in Indonesia
BI Buys Primary SBSN to Maintain Inflation Rates
Thursday, 23 April 2020
The Central Bank of Indonesia (BI) buys Rp1.7 trillion of State Sharia Bond (SBSN) or Sukuk Negara direct in primary market from the total issued of Rp9.98 trillion. BI is optimistic that this effort will make inflation management more measurable. Moreover, the government has conducted the auction by optimizing available sources including programs from ADB, World Bank and global bonds issuance for fiscal funding.
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