- Types of Bonds / SBN traded by the Bank consists of:
a.In Primary Market: ORI and Sukri*
b.In the Secondary Market: ORI, Sukri and Fixed Rate (FR)
- Denomination: Rupiah and USD
- Tenor: according to the maturity of each Bonds
- The minimum amount and increments of SBN transactions are as follows:
a.ORI/Sukri: Rp 5,000,000,- (five million rupiah)
b.SBN for Rupiah denomination: Rp 100,000,000,- (one hundred million Rupiah) and increments of Rp 1,000,000,- (one million Rupiah)
c.SBN denominated in USD: USD 20,000 (twenty thousand US Dollars) and increments of USD 1,000 (one thousand US Dollars)
- Intended for individual and corporate customers (companies/business entities) both Indonesian Citizens (WNI) and Foreign Citizens (WNA)**
- The customer is required to open a saving or current account and a Securities Account at the Bank.
*For transactions in the Primary Market only applies if the Bank is appointed as a Selling Agent or Sub-Sales Agent
**Special for ORI/Sukri in the Primary Market, only for individual Indonesian citizens
Benefits
a.Receive coupon payments on a regular basis until maturity as guaranteed by the government of the Republic of Indonesia.
b.A form of alternative investment for portfolio diversification.
c.Potential for capital gain
Risks
Customers (Investors) are exposed to market risk in the event of an increase in interest rates which can cause a decrease in the price of Government Securities. Potential loss can occur if the Customer (Investor) sells Government Securities before maturity at a price lower than the purchase price (capital loss). To mitigate Market Risk, Customers (Investors) can take steps not to sell their Government Securities until maturity.
This can happen to the Customer (Investor) if they experience difficulty in selling Government Securities before maturity. In this case, if the Customer (Investor) purchases Government Securities at the Bank, it can resell it through the Bank.
This can occur as a result of the government's failure to make payments of interest and principal debt at a predetermined time. This risk is classified as very low because Government Securities are guaranteed by the government and interest and principal payments have been budgeted in the State Revenue and Expenditure Budget (APBN).
