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Investor Presentaiton

GS Primary Market Performance 2019-2020 Through Auction [IDR Trillion] 400 350 300 250 50 200 3.11 2.80 150 2.11 100 2.12 2.15 Bid 2019 = IDR35.48T/ auction Average Awarded Bid 2019 IDR14.14T /auction 5.1 2.97 2.59 Jan-19 Feb-19 Mar-19 Apr-19 Average incoming bid in 2020 Source: Ministry of Finance May-19 Jun-19 Jul-19 3.35 2.97 3.01 3.14 2.44 2.34 1.97 1.98 Incoming Bids Awarded Bids % Bid to Cover Ratio (RHS) Average 7.00 6.50 Average Incoming Awarded Bid 2020 = Bid 2020 IDR54.21T/ = IDR15.85T/ 6.00 auction Average Incoming auction 4.24 3.91 4.00 5.00 3.00 Aug-19 Sep-19 Oct-19 = Nov-19 2.45 2.00 IDR54.17 tn/auction while average awarded bid in 2020 = IDR15.59 tn/auction Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 1.00 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 77
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