Analysis of SUN and SUKUK on Indonesian Investment

Abstract

Government Debt Securities (SUN) and Government Sharia Securities (SBSN) are important investment instruments for the Indonesian government. Funds collected from the issuance of SUN and SBSN are used to finance infrastructure development and other government spending. This research aims to analyze the influence of SUN and SBSN on investment in Indonesia. The data used in this research is secondary data from Bank Indonesia and the Ministry of Finance of the Republic of Indonesia. The method used is a qualitative method and multiple linear regression analysis. The research results show that SUN and SBSN have a positive effect on investment in Indonesia, both in the short and long term. This shows that funds raised from the issuance of SUN and SBSN can encourage investment in Indonesia. Based on the results of this research, the government needs to continue to encourage the issuance of SUN and SBSN to finance infrastructure development and other government spending. This can encourage Indonesia's economic growth.

Keywords: Government Debt Securities (SUN), Government Sharia Securities (SBSN), investment