Saving Bonds (ST) provides opportunity for Indonesian people to contthousandte to the nation through investment and is a safe and profitable alternative investment instrument.
OCBC Indonesia is committed to sell ST013 in the primary market according to each customer’s needs. Supported by a team of professional staff, OCBC Indonesia is ready to serve you as part of our commitment.
Details | ST013T2 | ST013T4 |
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Issuer | Indonesia SBSN Issuing Company | |
Investor target | Indonesia Citizen | |
Offering period | 8 November – 4 December 2024 | |
Allotment date | 9 December 2024 | |
Settlement date | 11 December 2024 | |
Bond type | Scripless, non-tradable on the secondary market, non-transferable, and non-disbursable until maturity except during the early redemption period redemption • 24 October 2025 (09.00 WIB) – 3 November 2025 (10.00 WIB) for ST013T2 • 26 October 2026 (09.00 WIB) – 3 November 2026 (10.00 WIB) for ST013T4 |
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Coupon payment | On the 10th date every month. 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. |
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Coupon type | Floating with floor | |
First Coupon payment | 10 January 2024 (Short Coupon) | |
Maturity date | 10 November 2026 (2-year tenure) | 10 November 2028 (4-year tenure) |
Coupon rate | 6.40% p.a | 6.50% p.a |
Minimum order | Minimum IDR 1,000,000 (one million rupiah) | |
Nominal per unit | IDR 1,000,000 (one million rupiah) | |
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 50 million and to multiplies of IDR 50 million
Cash rebate will be credited to customers’ account utilized to purchase ST013, at the latest on the following month after Settlement Date.
Illustration of how to calculate the Cash Rebate value:
Accumulation of Nominal Completed Order | Cash Rebate Value |
---|---|
IDR 50 million | IDR 50 thousand |
IDR 100 million | IDR 100 thousand |
IDR 130 million | IDR 100 thousand |
IDR 234 million | IDR 200 thousand |
The minimum accumulated order provision of IDR 50 million applies per series and is not an accumulation for the 2 series offered.
For comprehensive information regarding ST013 transaction steps on OCBC mobile, https://youtu.be/UmAg15ii23w
For further information, contact Tanya OCBC 1500-999 or visit the nearest OCBC branch.