Retail Bonds (SR) provides opportunity for Indonesian people to support the improvement of human resources quality and serves as an alternative investment which is both secure and profitable.
OCBC is committed to sell SR021T3 and SR021T5 in the primary market according to each customer’s needs. As part of our commitment and supported by a team of professional staff, OCBC is ready to serve you.
Details | SR021T3 | SR021T5 |
---|---|---|
Issuer | Government of the Republic of Indonesia | |
Investor target | Individual, Indonesia Citizen | |
Offering period | 23 August - 18 September 2024 | |
Allotment date | 23 September 2024 | |
Settlement date | 25 September 2024 | |
Bond type | Scripless Government Bond, tradable. Minimum holding period for 1 (one) times the coupon payment (tradable from 11 November 2024) | |
Coupon payment | In case the 10th date isn’t a working day, payment will be made on the next working day without an interest compensation. A working day is the day the operational payment system is conducted by Bank Indonesia. | |
Coupon type | Fixed Coupon, periodic payments every month | |
First Coupon payment | 10 November 2024 (long coupon) | |
Minimum order | Minimum IDR 1,000,000 (one million rupiah) | |
Nominal per unit | IDR 1,000,000 (one million rupiah) | |
Secondary market | ) Can only be transacted by domestic investors (individual Indonesian citizens (WNI), companies, joint ventures, associations or groups organized both Indonesian and foreign, which are established or domiciled in the territory of the Republic of Indonesia and meet the domestic criteria in the third digit of the Single Investor Identity Number code (Single Investor Identification/SID) | |
Maturity date | 10 September 2027 (3 years) | 10 September 2029 (5 years) |
Coupon rate | 6.35% p.a | 6.45% p.a |
Maximum order | IDR 5,000,000,000 (five billion rupiah) | IDR 10,000,000,000 (ten billion rupiah) |
Applies to minimum order accumulation of IDR 100.000.000,- and to multiplies of IDR 100.000.000,-
Cash rebate will be credited to customers’ account utilized to purchase SR021, max. on the following month after Settlement Date
Illustration of Cash Rebate calculation:
Accumulation of Nominal Completed Order | Cash Rebate Value |
---|---|
IDR 100.000.000,- | IDR 100.000,- |
IDR 130.000.000,- | IDR 100.000,- |
IDR 234.000.000,- | IDR 200.000,- |
For comprehensive information regarding SR021 transaction steps on OCBC mobile, click here https://youtu.be/_onp1rQiKm0
Invest in SR021 now. For further information, contact Tanya OCBC on 1500-999 or visit the nearest OCBC branch.