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Investor Presentaiton

400 Primary Market Performance 2022 - 2023 Government Securities (GS) Incoming Bids 500 Awarded Bids 6.00 450 ---2022 Avr Incoming Bids Bid to Cover Ratio [RHS] --2022 Avr Awarded Bids 5.01 4.77 5.00 350 3.56 300 3.11 250 2.73 2.6 2.60 2.45 200 2.2 2.2" 2.14 IDR32.25 tn 150 per auction 1.96 1.81 1.78 IDR12.46 tn per auction 100 50 50 Jan-22 Feb-22 Mar-22 Source: Ministry of Finance Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 3.61 2.87 2.78 2.40 2.2, 2.02 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 3.00 2.35 2.33 2.06 1.00 2.00 4.00 In 2023: average incoming bid IDR35.02 tn/auction average awarded bid = IDR12.24 tn/auction 72
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