BEI Records Three Bonds, One Sukuk, and One IPO in a Week
Executive Summary
Key insights and market outlook
The Indonesia Stock Exchange (BEI) recorded three new bond issuances, one sukuk issuance, and one initial public offering (IPO) during the week of December 15-19, 2025. The bond issuances came from PT Bank Tabungan Negara Tbk (BTN), PT Bumi Resources Tbk, and PT Bumi Serpong Damai Tbk, with a total value of Rp4.33 trillion. The sukuk issuance was from PT Bumi Serpong Damai Tbk, worth Rp500 billion.
Deep Dive Analysis
BEI Records New Bond and Sukuk Issuances
Bond Issuances from Three Companies
During the week of December 15-19, 2025, the Indonesia Stock Exchange (BEI) recorded new bond issuances from three companies. On Monday, December 15, 2025, PT Bank Tabungan Negara Tbk (BTN) issued two bonds, with a total value of Rp2.3 trillion. The bonds were Obligasi Berwawasan Sosial Berkelanjutan I Tahap I Tahun 2025 and Obligasi Subordinasi Berkelanjutan I Tahap I Tahun 2025, with credit ratings of idAAA and idAA, respectively.
On Tuesday, December 16, 2025, PT Bumi Resources Tbk issued a bond worth Rp780 billion, with a credit rating of idA+.
On Thursday, December 18, 2025, PT Bumi Serpong Damai Tbk issued two bonds, with a total value of Rp1.75 trillion. The bonds were Obligasi Berkelanjutan IV Tahap II Tahun 2025 and Sukuk Ijarah Berkelanjutan II Tahap II Tahun 2025, with credit ratings of idAA and idAA(sy), respectively.
Sukuk Issuance from PT Bumi Serpong Damai Tbk
PT Bumi Serpong Damai Tbk also issued a sukuk worth Rp500 billion on Thursday, December 18, 2025. The sukuk has a credit rating of idAA(sy).
IPO from Unspecified Company
Additionally, an unspecified company conducted an initial public offering (IPO) during the week, but details were not provided.
Source References
Story Info
Topics Covered
Key Events
Bond Issuance
Sukuk Issuance
IPO