The government has absorbed funds from the auction of seven series of government bonds amounting to Rp34 trillion, out of the total bids amounting to Rp83.4 trillion.

Directorate General of Financing and Risk Management of the Ministry of Finance said in an official statement on Wednesday (7/7).

The details were: the SPN12211007 series, the nominal amount won was Rp1 trillion, with a weighted average yield of 3%. On the other hand, the incoming bids were Rp3.5 trillion with the lowest yield of 3% and the highest 3.2%, with a tenor of 3 months.

SPN12220707 series, the nominal amount won Rp1.7 trillion, with a weighted average yield of 3.34904%. The incoming bids amounted to Rp3.25 trillion. The lowest yield was 3.2%, and the highest of 3.43%, with a tenor of 1 year.

Series FR0090, the nominal amount won was Rp11.45 trillion with a weighted average yield of 5.44603%. The bids came in at Rp22.68 trillion. The lowest yield came in at 5.33% and the