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Jakarta (ANTARA) - The government is absorbing funds amounting to Rp246 billion from the auction sukuk sharia country or state securities (SBSN) on this Tuesday.

Director General of Debt Management Finance Ministry, Rahmat Waluyanto in his statement here on Tuesday, said the auction of four series SBSN, the government only offers from two series of absorbing it.

Two series are intended for Rp239 billion and IFR0006 IFR0007 Rp7 billion. IFR0006 has a yield (earnings yield) of 9.43985 percent with a coupon rate of 10.25 percent and will mature on March 15, 2030.

While for IFR0007 have yields 9.28125 per cent, 10.25 per cent coupon rate and matures January 15, 2025.

Offering an entrance to IFR0003 of Rp310 billion, with the lowest yield at 7.9375 percent and the highest was 9.5 percent. While for IFR0005 of Rp225 billion with yields as low as 8.4375 percent and the highest was 9.53125 percent.

While bidding for IFR0006 of Rp397 billion with a yield of 9.90625 percent and the lowest into the highest 10.75 percent. Offering an entrance to IFR0007 of Rp243 billion with yields as low as 9.28125 per cent and the highest entry 10.84375 percent.

The government did not absorb the incoming funds from the offering through IFR0003 and IFR0005.