Jakarta (ANTARA) – Finance Minister Purbaya Yudhi Sadewa plans to reactivate a bond stabilization fund as the Indonesian government is struggling to stabilize the rupiah.”In the government, we have bond stabilization fund, which is owned by several parties,” Purbaya told reporters in Jakarta on Wednesday.This fund is being prepared to stabilize the bond market by buying back government securities (SBN) released by investors on the secondary market.This strategy is being implemented to maintain stable government bond yields, so that foreign investors holding debt securities do not incur capital losses.However, the fund prepared by Purbaya has a different framework than the bond stabilization framework maintained by the Financial System Stability Committee (KSSK). According to him, this bond stabilization fund is already owned by the Finance Ministry, but is no longer active as it has never been used.“It is not something new, but it is never been implemented. In other words, it exists, but it is dormant. I want to revive it,” he said.The State Treasurer plans to reactivate the bond stabilization fund starting on Thursday (May 7), despite the bond yields still being below 6.7 percent macroeconomic assumption set in the 2026 State Budget.“Over the past few months, since January, yields have risen sharply. When I injected money into banks, yields were at 5.9 percent. They then increased from 6.1 percent to 6.7 percent,” he explained.Regarding funding sources, Purbaya said the funds could come from various channels, though he did not specify which budget items would be used.The minister also stated that details of the planned buyback have not yet been disclosed. However, he emphasized that his office will coordinate closely with Bank Indonesia (BI), which is responsible for stabilizing the rupiah.“I will try to help stabilize the rupiah in my own way,” he concluded.