SBR013 Program Details:
Issuer |
Government of the Republic of Indonesia through the Indonesian SBSN Issuing Company |
Series |
SBR013-T2 and SBR013-T4 |
Investor |
Indonesian Citizens |
Offer period |
10 June – 4 July 2024 (As long as the national quota is still available) |
Type of Contract |
Scripless and non-tradable |
Date of settlement |
10 July 2024 |
Maturity date |
SBR013-T2: 10 July 2026 (2 years tenor) SBR013-T4: 10 July 2028 (4 years tenor) |
Nominal value per unitl |
Per Unit IDR1,000,000,- |
Min. order |
Rp1.000.000,- |
Max. order |
SBR013-T2: IDR5,000,000 SBR013-T4: IDR10,000,000 |
Type of yield |
Floating coupon with floor, periodic monthly payments |
Reward rate |
SBR013-T2: 6.40% SBR13-T4: 6.55% |
Coupon type |
(Floating with floor) |
Coupon rate |
SBR013-T2: 6.45% per year SBR013-T4: 6.60% per year |
Coupon start dates |
11 January, 11 April, 11 July, and 11 October each year |
Coupon adjustment |
Reference rate used for coupon adjustment is 3 working days before the start of the coupon period |
First coupon payment |
10 August 2024 (Normal Coupon) |
Early redemption period: |
SBR013-T2: 9 AM 28 July 2025 to 3 PM 5 August 2025 Western Indonesia Time SBR013-T4: 9 AM 27 July 2026 to 3 PM 4 August 2026 Western Indonesia Time |
Early redemption settlement |
SBR013-T2: 10 August 2025 SBR013-T4: 10 August 2026 |
Coupon payment date |
SBR013-T2: 10 August 2025 SBR013-T4: 10 August 2026 |
Early redemption settlement |
The 10thcalendar day of every month. If the coupon payment date is not a working day, the payment will be made on the next working day without any interest compensation. Working days are days when the payment system operations are conducted by Bank Indonesia. |
Coupon adjustment time |
3 working days before the start date of the interest period |
Minimum holding period |
Non-tradable in the secondary market |
Coupon and nominal payment agent |
Bank Indonesia |
The cashback program
Period |
Series |
Cashback value |
---|---|---|
Early bird (10 – 23 June 2024) |
SBR013-T2 |
0.15% |
SBR013-T4 |
0.20% |
|
Reguler (24 Juni – 4 Juli 2024) |
SBR013-T2 |
0.10% |
SBR013-T4 |
0.15% |
Enjoy secure investments with multiplied benefits through Maybank Indonesia. Please thoroughly read the offering information for Savings Bond Ritel Series SBR013 before investing. SBR013 is not a banking product issued by Maybank Indonesia. Maybank Indonesia is one of the distribution partners for Savings Bond Ritel appointed by the Ministry of Finance of the Republic of Indonesia.
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