Jakarta, cartitleloans Indonesia
–
Bank Indonesia
(
Bi
) stated that he would buy a state securities (
SBN
) reached Rp200 trillion.
BI Governor Perry Warjiyo said he had communicated with Minister of Finance Sri Mulyani regarding this step.According to him, the government will use the money to support a number of programs.
“We
Update
yesterday and since yesterday we bought SBN for Rp. 200 trillion of the latest data, including for
Debt Switching
“Perry said in a meeting with Commission IV DPD, Tuesday (3/9).
Perry explained that the purchase of SBN by BI was made at the secondary market.
That is, BI did not buy directly from the country as a SBN publisher.BI bought from investors who had previously bought SBN from the state.
He explained BI also took a number of other steps besides SBN purchases.BI has decreased the BI rate rate five times this year to 5 percent.
“Now the lowest since 2022 along with the reduction of monetary policy interest rates,
Yield
SBN 10 years also dropped up to 7.26 percent in January 2025 now around 6.3 percent, “he said.
The following is a complete statement of BI regarding the purchase of SBN worth IDR 200 trillion in the secondary market:
We also synergize with the Minister of Finance Purchasing SBN from the Secondary Market because our monetary policy is indeed expansive, not only by decreasing interest rates, the addition of liquidity, also through SBN purchases from the secondary market.
We updated yesterday and since yesterday we bought SBN of Rp200 trillion the latest data yesterday including for debt switching.
Well, we synergize with the Minister of Finance part of the SBN for SBN for funding people’s economic programs in Asta Cita, such as public housing, Red and White Village Cooperatives with burden sharing or the distribution of interest expenses which of course with BI and the Ministry of Finance and therefore will reduce the burden of financing from programs for the people’s economy in the ASTA Cita.
[Gambas: cartitleloans video]
(DHF/PT)
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