JAKARTA (Yosefardi) – Amid concern over the planned subsidized fuel prices hike which will lift up the inflation, the bonds market remain attracts investors’ appetite.

On Tuesday (November 4) the government of Indonesia raised Rp6.92 trillion from bond auction. While the incoming bids reached Rp22.66 trillion.

The government targets to raise Rp429.7 trillion via bonds auction this year. So far, the government had raised Rp427 trillion bond auction.