ST014

Limited Offer!

The government has launched the State Securities (SBN) Sukuk Tabungan ST014, featuring two series ST014-T2 with a 2-year tenor and ST014-T4 with a 4-year tenor. Choose your preferred tenor and make a purchase to receive a cashback of up to 0.20%, with a max of IDR27,5M on your investment.

Buy now via the M2U ID App or visit the nearest Maybank branch!

ST014 Program Details:

Issuer	Government of the Republic of Indonesia through SBSN Indonesia
Series	ST014-T2 and ST014-T4
Investor	Indonesian Citizens
Offer period	March 7 – April 16, 2025 (As long as the national quota is available)
Form	Non-certificated, non-tradable in the secondary market, non-transferable, and non-redeemable until maturity except during the early redemption period
Type of Contract (Akad)	Wakallah
Underlying Asset	State-Owned Assets (BMN) and 2025 State Budget (APBN) projects, including green projects
Date of settlement	April 23, 2025
Maturity Date	ST014-T2: April 10, 2027 ST014-T4: April 10, 2029
Face Value per Unit	IDR1,000,000 per unit
Min. Order	IDR1,000,000
Max. Order	ST014-T2: IDR5,000,000,000 ST014-T4: IDR10,000,000,000
Reward type	Floating with floor
Reward rate	ST014-T2: 6,50% per tahun ST014-T4: 6,60% per tahun
Date of First Return Payment	10 Juni 2025 (long coupon)
Fee Payment Date	10^th of every month. In the event that the coupon payment date is not on a working day, then the coupon payment carried out on the next working day without interest compensation. Working day is a day on which payment system operations are organized by Bank Indonesia.
Reward adjustment time	3 working days prior to the start date of the reward period.
Effective date of adjustment time	February 11, May 11, August 11, November 11 each year
Early Redemption Interest Submission Period	ST014-T2: Thursday, March 26, 2026 (09:00 WIB) Friday, April 3, 2026 (10:00 WIB) ST014-T4: Friday, March 26, 2027 (09:00 WIB) Saturday, April 3, 2027 (10:00 WIB)
Setelmen Early Redemption	ST014-T2: April 10, 2026 ST014-T4: April 10, 2027
Coupon and Principal Payment Agent	Bank Indonesia

Enjoy cashback program of up to 0.20%!

Cashback of up to 0.20% on invested funds will be given as follows:

Period	Series	Cashback
Early bird (March 7 – March 16, 2025)	ST014-T2	0.15%
Early bird (March 7 – March 16, 2025)	ST014-T4	0.20%
Reguler (March 17 – April 8, 2025)	ST014-T2	0.10%
Reguler (March 17 – April 8, 2025)	ST014-T4	0.15%

Customers are entitled to receive cashback if they make a purchase with a minimum deposit of IDR100 million.
Cashback will be credited to the Customer's source of purchase account no later than 31 May 2025.
PT Bank Maybank Indonesia Tbk reserves the right to cancel, postpone, extend, or terminate this program in advance; to vary, remove, or add any of the terms and conditions at its sole discretion, which will be communicated through the Maybank website at www.maybank.co.id

Cashback simulation of up to IDR27.5 million

Get 0.20% cashback, up to a maximum of IDR27.5 million, for purchases made from March 7 – March 16, 2025. There's also an opportunity to get 0.15% cashback, up to IDR20 million, during the period from March 17 – April 8, 2025.

	Max Order	Cashback Early Bird (March 7 – March 16, 2025)	Cashback Reguler (March 17 – April 8, 2025)
ST014-T2	IDR5,000,000,000	IDR7,500,000	IDR5,000,000
ST014-T4	IDR10,000,000,000	IDR20,000,000	IDR15,000,000
Max. cashback	IDR27,500,000	IDR20,000,000

Max Order

Cashback Early Bird

(March 7 – March 16, 2025)

Cashback Reguler

(March 17 – April 8, 2025)

ST014-T2

IDR5,000,000,000

IDR7,500,000

IDR5,000,000

ST014-T4

IDR10,000,000,000

IDR20,000,000

IDR15,000,000

Max. cashback

IDR27,500,000

IDR20,000,000

Enjoy safe investments with multiple benefits through Maybank Indonesia. Learn more about the ST014 Sukuk Tabungan offer before investing. ST014 is not a banking product issued by Maybank Indonesia. Maybank Indonesia is an authorized distribution partner of Retail State Bonds appointed by the Ministry of Finance of the Republic of Indonesia.

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