BUSINESS, society.ruber.id – The government has once again offered the Retail Government Securities (SBN) in the form of Retail Sukuk (SR) series SR018. Through this investment, the country invites the public to participate in promoting national self-reliance with attractive interest rates.
In an effort to support the government, bank bjb is also offering bonds that will be available from March 3 to March 29, 2023.
These bonds are offered in a scheme of two tenors to reach all sectors of society.
Specifically for SR018, the government offers a tenor of 3 (three) years, namely SR018-T3, and a tenor of 5 (five) years, namely SR018-T5.
These tenors are adjusted to the duration of placement of the securities.
The yield value of the two tenors is different, with the 5-year tenor being 15 basis points higher than the 3-year tenor.
The yield value of SR018-T3 is 6.25% p.a with a maturity date of March 10, 2026. Meanwhile, SR018-T5 is offered with a yield value of 6.40% p.a and a maturity date of March 10, 2028.
These yield values will remain fixed until maturity (fixed rate).
The first interest payment for both SBN Ritel tenors will be on May 10, 2023.
SR018 can be purchased by Indonesian citizens with a minimum order of Rp1 million and a maximum order of Rp5 billion for SR018-T3, and Rp10 billion for SR018-T5.
SR018 will be distributed to investors on the settlement date of April 5, 2023.
What’s interesting is that bank bjb will provide attractive cashback for SR018 orders through bank bjb.
The cashback, in the form of cash, will be transferred to the customer’s account no later than 30 days after the settlement date.
“bank bjb continues to assist the government through the offering of SR018,” said Widi Hartoto, Head of the Corporate Secretary Division of bank bjb.
“The aim is to enable the public to easily invest and contribute to national self-reliance,” he added.
SR018 is offered as a safe and profitable investment option for all Indonesian citizens.
The public has an equal opportunity to finance the State Budget (APBN) and the funds will be used for various financing and development needs of the country.
For the record, bonds are debt securities issued by the government or corporations that contain a promise from the issuer to pay bond coupons and repay the principal debt at a specified time. This is in accordance with Law No. 24 of 2002.
Some advantages of investing in bonds include competitive returns compared to deposit products.
Bonds also provide a fixed income in the form of bond coupons/returns, as well as potential gains from bond sales.
However, the most important advantage is the safety of the investment with a 100% return of the principal amount at maturity.
However, this product also has several market risks that should be noted.
These risks include potential gains or losses due to economic factors that affect the financial market, such as changes in interest rates, exchange rates, and bond prices.
As a capital market product and not a bank bjb product, the company only markets and acts as a Sub-Distribution Partner.
The choice of bond products purchased by potential investors is entirely their responsibility and decision, including if they choose a product that is not suitable for their risk profile.
