Business · Economy · 3 days ago
Indonesia’s government raises Rp494.3 trillion in debt by September
Indonesia’s government had raised Rp494.3 trillion in debt financing by 30 September 2026, according to Finance Minister Suahasil Nazara.
That was 59.4% of the Rp832.2 trillion target in the 2026 state budget.
Net bond sales brought in Rp497.5 trillion, while net loan financing was minus Rp3.2 trillion.
The total was lower than the Rp502.9 trillion raised by the same point in 2025, though bond financing was higher than a year earlier.
Suahasil said the borrowing remained on track and that the government was watching domestic bond markets and global economic conditions.
It plans to adjust bond issuance depending on market conditions, aiming to manage financing costs and risks.
By the end of September, the budget deficit stood at Rp319 trillion, equal to 1.24% of gross domestic product.
Indonesia recorded Rp494.3 trillion in debt financing through September 2026, equal to 59.4% of the annual target.
Finance Minister Suahasil Nazara said the borrowing remained on track.
Net financing from government securities reached Rp497.5 trillion, while net loan financing was negative Rp3.2 trillion.
The total debt financing was below the Rp502.9 trillion recorded in the same period of 2025.
Suahasil said securities issuance would be adjusted to market conditions and global economic developments.
- Who
- The Indonesian government, with Finance Minister Suahasil Nazara reporting the figures.
- What
- Debt financing reached Rp494.3 trillion, or 59.4% of the 2026 target.
- When
- Through 30 September 2026; the figures were announced on 9 October 2026.
- Where
- Indonesia; Suahasil announced the figures at a news conference in Jakarta.
- Why
- The government raises debt financing to meet its financing needs. The sources say issuance is managed with regard to cash needs and market conditions.
This story does not have two clearly opposing sides.
Debt financing totaled Rp502.9 trillion, while net financing through government securities was Rp471.4 trillion.
Debt financing reached Rp494.3 trillion, or 59.4% of the annual target.
Finance Minister Suahasil Nazara reported the figures at a news conference in Jakarta.
- Debt financing through September
- Rp494.3 trillion
- Share of 2026 target
- 59.4% of Rp832.2 trillion
- Net government securities financing
- Rp497.5 trillion, or 62.2% of its Rp799.5 trillion target
- Net loan financing
- Negative Rp3.2 trillion
- Budget deficit through September
- Rp319 trillion, or 1.24% of GDP
What people are saying
Pembiayaan utang terjaga on track
Kita sangat memperhatikan kondisi pasar SBN dan juga kondisi ekonomi global.
Kalau lagi bagus pasarnya, kita terbitkan. Lagi kurang bagus pasarnya, kita agak lakukan adjustment sedikit.











