The government will again hold an auction of State Sharia Securities (SBSN) or state sukuk on Tuesday (2/4). The indicative target set by the government at today's auction is Rp. 8 trillion.

There are six series of sukuk offered by the government at the auction later. Among them are SPN-S 03102019, PBS014, PBS019, PBS021, PBS022, and PBS015.

SPN-S Series 03102019 which is the latest series offering discounted discounts. This series will mature on October 3, 2019.

PBS014 Series offers a reward rate of 6.50% with a maturity date on May 15, 2021. The PBS019 series offers a reward rate of 8.25% with a maturity date on September 15, 2023.

PBS021 Series offers a reward rate of 8.50% with a maturity date of November 15, 2026. The PBS 022 series offers a reward rate of 8.625% with a maturity date on April 15, 2034.

Finally, the PBS015 series offers a reward rate of 8.00% with a maturity date on July 15, 2047.

For the record, at the previous state sukuk auction, the government earned funds worth Rp. 8.98 trillion from the total incoming bids of Rp. 29.69 trillion.