Secondary Bonds (SBN)
Investing in Government Bonds (SBN) is now easier and more practical than ever through M2U ID App! Not only can you enjoy attractive coupons/returns, but you also have the opportunity to explore the Secondary Market for SBN, which offers added flexibility in your investment strategy. This allows you to buy or sell SBN according to your financial needs and goals. Discover more about the Secondary Market for SBN and find out how to maximize your investment potential today!
What is Government Bonds (SBN)?
Government Bonds (SBN) are financial instruments issued by the Indonesian Government to finance the national budget and development projects. SBN serve as an investment option offering potentially attractive coupon/return to investors, with both of the coupon/return and principal are guaranteed by the government under Law No. 24 of 2002.
What is the Secondary Market for SBN?
Before diving into the Secondary Market for SBN, it’s essential to first understand the Primary Market. The Primary Market is where the government initially sells SBN to investors. The Secondary Market, on the other hand, is a continuation of the Primary Market, where tradable SBN/SBSN can be bought and sold between investors after the Minimum Holding Period (MHP) ends.
Advantages of Investing SBN on the Secondary Market at Maybank
Generally, the return offered shall be higher compared to interest rate on conventional savings.
Customers can receive passive income on a regular basis in the form of coupons/returns that will be directly credited to their accounts at the predetermined amount. The coupons/returns are specified at the time of purchase and are in fixed rate.
This investment is safe because the Government of the Republic of Indonesia guarantees the payment of coupons/returns and the principal amount for bonds issued by the government, in accordance with Law No. 24 of 2002.
SBN can be traded in Secondary Market at any time. Customers can realize a profit from the sale price if they sell at a price higher than the acquisition cost at the time of purchase.
SBN can be used as Collateral for Customer’s consumer or productive loan application as long as they follow the prevailing terms and conditions.
SBN products are available in IDR, such as ORI, FR, SR, and PBS. The minimum purchase for ORI, FR, and SR is IDR 1,000,000, and for PBs it is IDR 100,000,000 with increments of IDR 1,000,000. USD- denominated products such as INDON and INDOIS are also available, with a minimum purchase of USD 10,000 and increments of USD 10,000.
Investors can participate in the financial market in compliance with Sharia principles, as State Sharia Bonds or SBSN are free from elements of gambling (maysir), uncertainty (gharar), and usury (riba). They have been declared Sharia-compliant by the National.
Types of Secondary Bonds available at Maybank
Surat Utang Negara (SUN)
SUN is a conventional investment instrument that provides periodic coupon payments, with the principal amount returned at the end of its term.
| Product Description | Obligasi Negara Ritel (ORI) is one of the Government Bonds (SUN) issued by the Government of Indonesia for Indonesian Citizens (WNI). This investment features a fixed coupon/returns will be credited periodically and can be resold in the secondary market. |
| Coupon Rate | Fixed Coupon |
| Currency Denomination | Rupiah/IDR |
| Minimum Purchase | IDR1,000,000 in multiples of IDR1,000,000 |
| Coupon Payment | Every month until maturity |
Summary of Product and Service Information (RIPLAY)
| Product Description | Obligasi Negara Indonesia Seri Obligasi Negara Ritel (FR) is one of the Surat Utang Negara (SUN) issued by the Government for Indonesian Citizens (WNI) & Foreign Citizens (WNA). This investment is state-guaranteed and offers a fixed coupon paid semi-annually, with the option to resell in the secondary market at market price. |
| Coupon Rate | Fixed Coupon/Return |
| Currency Denomination | Rupiah/IDR |
| Minimum Purchase | IDR 1,000,000 (one million Rupiah) in multiples of IDR 1,000,000 (one million Rupiah) |
| Coupon Payment | Every 6 months until maturity |
Summary of Product and Service Information (RIPLAY)
| Product Description | Obligasi Negara Indonesia (INDON) is one of the Surat Utang Negara (SUN) issued by the Government for Indonesian Citizens (WNI) & Foreign Citizens (WNA). INDON is state-guaranteed investment and offers a fixed coupon paid semi-annually, with the option to resell in the secondary market at market price. |
| Coupon Rate | Fixed Coupon |
| Currency Denomination | USD/Dollar |
| Minimum Purchase | USD 20,000 (twenty thousand dollars) in multiples of USD 10,000 (ten thousand dollars) |
| Coupon Payment | Every 6 months until maturity |
Summary of Product and Service Information (RIPLAY)
Surat Berharga Syariah Negara (SBSN)
SBSN is an investment instrument managed according to Sharia principles, providing monthly returns in the form of rental income (ujrah). Additionally, SBSN represents ownership in a portion of existing assets or projects. Therefore, as an investor, you will receive a revenue sharing generated by the project in accordance with the agreed terms.
| Product Description | Sukuk Negara Ritel (Sukuk Ritel) is one of the Surat Berharga Syariah Negara (SBSN) issued by the Government for Indonesian Citizens (WNI) & Foreign Citizens (WNA). SR is an investment secured by the State and will distribute fixed return paid per semester, and can be resold to the secondary market at market prices. |
| Return Rate | Fixed Return |
| Currency Denomination | Rupiah/IDR |
| Minimum Purchase | IDR 1,000,000 (one million Rupiah) in multiples of IDR 1,000,000 (one million Rupiah) |
| Coupon Payment | Every 6 months until maturity |
Summary of Product and Service Information (RIPLAY)
| Product Description | Project Based Sukuk (PBS) is one of the Surat Berharga Syariah Negara (SBSN) issued by the Government for Indonesian Citizens (WNI) & Foreign Citizens (WNA). PBS is state-guaranteed and will distribute fixed return paid per semester, and can be resold in the secondary market at market prices. |
| Return Rate | Fixed Return |
| Currency Denomination | Rupiah/IDR |
| Minimum Purchase | IDR 100,000,000 (one hundred million Rupiah) in multiples of IDR 1,000,000 (one million Rupiah) |
| Coupon Payment | Every month until maturity |
Summary of Product and Service Information (RIPLAY)
| Product Description | Global Sukuk (INDOIS) is one of the Surat Berharga Syariah Negara (SBSN) issued by the Government for Indonesian Citizens (WNI) & Foreign Citizens (WNA). INDOIS is state-guaranteed and will distribute fixed return paid per semester, and can be resold in the secondary market at market prices. |
| Return Rate | Fixed Return |
| Currency Denomination | USD/Dollar |
| Minimum Purchase | USD 20,000 (twenty thousand dollars) in multiples of USD 10,000 (ten thousand dollars) |
| Coupon Payment | Every 6 months until maturity |
Summary of Product and Service Information (RIPLAY)
Investing in Secondary Bonds Is Simpler via M2U ID App
Easy and convenient, invest right at your fingertips with M2U ID Ap
Secondary Bonds Features:
- Available Government Bonds products SBN (FR, ORI, INDON) and SBSN (PBS, SR, INDOIS)
- Buy and sell government bonds at your fingertips
- Access to competitive, real-time pricing tier information.
- Available estimation for yield to maturity calculations.
- No transaction or custodian fees
Guide for Secondary Market Government Bonds Transactions via M2U ID App
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