The 2020, estimated net bond issuance, or the target for bond sales excluding short-term treasury bills for cash management, buybacks and debt switching, was raised to 549.6 trillion rupiah, according to the document.
On top of that, it listed a plan for sales of 449.9 trillion rupiah worth of "pandemic bonds" to cover for additional spending for the COVID-19 response.
Finance Minister Sri Mulyani Indrawati has previously explained such bonds are similar to regular sovereign bonds, but the government will have the option to sell directly to the central bank to control yields.