November 3, 2025 | 06:59 pm
TEMPO.CO, Jakarta - Bank Indonesia Governor Perry Warjiyo reported that the central bank purchased government bonds (SBN) totaling Rp270 trillion from January to the end of October 2025.
The purchases were made through the secondary market and a government debt-switching program.
Since January 2025, Bank Indonesia has provided SBN totaling Rp269.97 trillion, rounded up to Rp270 trillion as of October 30, 2025,” Perry said during a press conference at the Financial System Stability Committee (KSSK) meeting in Jakarta on November 3, 2025.
Of the total, Rp199.9 trillion was acquired through the debt-switching program, representing a coordinated effort between monetary and fiscal policy.
Perry emphasized that SBN purchases are one of four key monetary measures taken by Bank Indonesia.
Another step has been consecutive interest rate cuts in July, August, and September, each by 25 basis points, bringing the BI benchmark rate to 4.75 percent as of September 2025. This marks a total of six rate reductions since September 2024.
Other measures include stabilizing the rupiah exchange rate, intervening in offshore markets, and selling financial instruments in the Non-Deliverable Forward (NDF) market.
Earlier, Bank Indonesia had announced its plan to purchase SBN from the secondary market following an agreement with the Ministry of Finance. In 2025, the central bank initially targeted purchases of Rp100 trillion, later aiming to exceed Rp150 trillion.
Editor’s Choice: Indonesia Allocates Rp1.37 Trillion for National Internship Program for Graduates
Click here to get the latest news updates from Tempo on Google News
Bank Indonesia Reports Rp1 Trillion in Foreign Capital Inflows This Week
2 hari lalu
Bank Indonesia also recorded the five-year Indonesia credit default swap (CDS) premium as of October 30, 2025, at 73.07 bps.
Bank Indonesia Rolls Out 'QRIS Tap In & Out' for Jakarta Public Transit Payments
3 hari lalu
Bank Indonesia (BI) has launched a new enhancement to the QRIS payment system, known as QRIS Tap In & Out, for transportation payment in Jakarta.
BI-Fast Is the World's Cheapest Digital Payment Service, Bank Indonesia Claims
4 hari lalu
Bank Indonesia Governor said BI-Fast is the world's fastest and cheapest payment system, costing Rp2,500 (about 25 U.S. cents) per transaction.
Indonesia Raises Rp10 Trillion from Sukuk Auction as Investor Demand Surges
5 hari lalu
The Indonesian government raised Rp10 trillion from the auction of eight series of State Sharia Securities (SBSN), or sukuk, held on Tuesday.
Finance Minister Purbaya Explains Why He Rejects Burden Sharing Scheme with Bank Indonesia
5 hari lalu
According to Minister Purbaya, the government and the central bank have their respective roles and should not be separated.
Bank Indonesia Notes Hike in Non-Performing Loans Amid Credit Slowdown
7 hari lalu
Bank Indonesia Director stated that the increase in NPL risks is aligning with the slowdown in overall consumer credit growth.
Citi Indonesia Expects Bank Indonesia to Cut Benchmark Rate to 4.25% This Year
7 hari lalu
Citi Indonesia predicts that Bank Indonesia (BI) will cut the benchmark interest rate to 4.25 percent this year.
The Pros and Cons of Indonesia's Independent Umrah Policy
7 hari lalu
The Indonesian government has legalized independent umrah as regulated in the Hajj Law. However, the association of entrepreneurs rejects this policy.
Celios Survey Finds Public Dissatisfied with Prabowo-Gibran's First Year in Office
9 hari lalu
The public is more disappointed with Prabowo-Gibran than during their first 100 days in office.
Bank Mandiri Requests Additional Budget Funds After Fully Absorbing Rp55tn Injection
9 hari lalu
Bank Mandiri has reportedly fully absorbed the government funds recently injected from Bank Indonesia.
