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Investor Presentaiton

Budget Financing (IDR T) Debt Financing BUDGET FINANCING SUPPORTS THE ECONOMIC RECOVERY Financing performance was on track, supported by conducive market and synergy between authority Budget Financing Realization: IDR621.9T 2020 2021 Realization as of Sep % of Budget YOY (%) Budget Realization as of Sep % of Budget YOY (%) 810.0 66.4 154.8 1,177.4 647.2 55.0 (20.1) or 61.8% of its target Government Bond (net) 790.6 67.4 139.2 1,207.3 666.7 55.2 (15.7) ▼ 20.6% (YoY) Government Borrowing (net) 19.4 41.5 (253.4) (29.9) (19.5) 65.0 (200.4) Investment Financing (27.2) 10.6 145.5 (184.5) (75.2) 40.7 175.8 Government Lending 2.0 35.2 102.5 0.4 2.1 683.0 49.6 Guarantee (0.4) 71.3 (2.7) Other Financing 0.2 0.2 677.9 15.8 46.7 296.4 27,233.6 Total 784.6 75.5 154.9 1,006.4 621.9 61.8 (20.7) • The conducive domestic financial market and strong Indonesian fundamentals have had a positive impact on the primary SBN market and supported the well-maintained performance of SBN auctions. In 2021, BI's participation has reached IDR142.74 T, consisting of SUN of IDR97.507 T and SBSN of IDR45.237 T. • The issuance of SBN to BI according to SKB III will be carried out in November and December. The target for the SBN auction is lowered to optimize the Government's liquidity, however, it is necessary to watch out for tapering effect at the end of the year and the potential for yield increases. Acceleration of investment financing to support financing of priority sectors, such as education and infrastructure. 52
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