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View all search resultsThe Finance Ministry recorded Rp 4.25 quadrillion (US$290.33 billion) of government debt in July, slightly higher than the figure in the previous month, said Finance Ministry financing and risk director general Luky Alfirman on Tuesday.
The government will issue debt papers (SBN) with shorter tenors, less than one year, following Bank Indonesia’s (BI) decision to gradually replace the central bank's certificates (SBI) with SBN as a monetary operations instrument until 2024.
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