Government through the Ministry of Finance (MoF) is targeting to raise around Rp80 trillion from the issuance of retail bonds (ten stages), both conventional and Sharia, this year, and government targets to attract 100 thousand retail investors.
The issuance of debt instruments was intended to finance the government budget, including the implementation of physical and non-physical development. In addition to issuing retail bonds in the country, the government also plans to issue debt instruments in foreign currencies.
This year, finance ministry still tends to choose to issue 4 types of global debt instruments, namely global bonds, global sukuk, samurai bonds and euro bonds. Global sukuk issuance will also be issued in green sukuk.