A post by @FirstSquawk on X.

Indonesia’s latest bond auction drew a recovery in investor bids, the Finance Ministry said, signaling renewed demand after a softer prior sale. The ministry did not disclose bid-to-cover or award details in the headline update, leaving the size and pricing of the sale to be confirmed in the full auction results. The development matters because Jakarta relies on regular debt auctions to fund its budget deficit and refinance maturing obligations. Investors will watch the detailed bid-to-cover ratio and foreign participation figures for evidence that demand is broadening beyond a single sale.