Indonesia - Average Long-term Government Bond

Indonesia: Average Long-term Government Bond

Unit Bil. IDR, NSA
Adjustments Not Seasonally Adjusted
Monthly 3.66 %
Data Dec 2022 4,321,578
Nov 2022 4,169,050

Series Information

Source Bank Indonesia
Release Government Finance
Frequency Monthly
Start Date 12/31/2004
End Date 12/31/2022

Indonesia: Markets

Reference Last Previous Units Frequency
Lending Rate 08 Feb 2023 5.75 5.75 %, NSA Daily
Stock Market Index 08 Feb 2023 6,940 6,935 Index, NSA Daily
Average Long-term Government Bond Dec 2022 4,321,578 4,169,050 Bil. IDR, NSA Monthly
Money Market Rate Dec 2022 5.02 4.81 % p.a., NSA Monthly

Release Information

For Indonesia, government finances describes revenues, expenditures, sources of finances and outstanding of government securities, as published by Bank Indonesia. Data for the first three categories are broken down into budget and actual figures.


  • Measurement: Billions of Indonesian rupiah (Bil. IDR)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start dates:
    • 2004m12
    • 2009m12


  • Measurement: Billions of Indonesian rupiah (Bil. IDR)
  • Adjustment: Not applicable
  • Native frequency: Annual
  • Start date: As early as 2000

Surplus/deficit is government revenues less government expenditures. The total of surplus/deficit is the same as the total of financing but with an opposite sign.

Debt instruments

Fixed Rate bond (FR) is a bond with a fixed coupon (interest) rate. The bond has time period more than one year with the coupon (interest) paid every six months.

Variable Rate bond (VR) is a bond whose interest payments are linked to 3 months Bank Indonesia Certificate market interest rate changes. The bond has time period more than one year with the coupon interest) paid every three months.

Hedge Bond (HB) is a bond linked to USD value. Its purpose is to cover bank’s foreign currency liabilities. In each quarter and on interest payment maturity date, the nominal of bond is revalued based on rupiah exchange rate against USD. HB interest rate is adjusted to 3 months SIBOR interest rate + 2% every 3 months.

Retail bond is a government bond sold to individual or individual Indonesia citizen through sales agents with predetermined fixed rate at the auction time. Minimum investment of Retail bond is Rp5.0 million and its multiple. Retail bond’s coupon is paid on monthly basis.

Zero Coupon bond (ZC) is a bond sold at a discount from par value and does not involve interest payments. The investor’s gain comes from the discount when it is issued.

Government Islamic Security (Sukuk) is a government security that complies with Sharia principle.

Treasury Bill is a government security with has maturity up to one year (12 months) with discount interest payment.

Bonds portfolio is categorized into investment and trading portfolio, based on investor account recording at BI-SSSS.

Yes. Data are revised each month when new data becomes available.

Further reading