Green Retail Sukuk (ST) Year 2020 Series ST008

1 Nov 2021 - 17 Nov 2021

Green Retail Sukuk (ST) gives the opportunity for Indonesian people to participate in funding for country development and serves as an alternative investment which is both secure and profitable.

Terms and Conditions

Bank OCBC NISP is committed to sell ST008 in primary market pursuant to customer’s needs. As part of our commitment and supported by our professional staffs, Bank OCBC NISP is ready to serve you.

Detail of ST008
Issuer : Perusahaan Penerbit SBSN Indonesia
Offering period : 1-17 November 2021
Bond type : Scripless Government Bond, non-tradable, non-transferable, and non-disbursable until maturity date unless on early redemption period (26 October 2022 (09.00 WIB) – 4 November 2022 (10.00 WIB))
Investor target : Indonesian citizen
Allotment date : November 22, 2021
Settlement date : November 24, 2021
Maturity date : November 10, 2023
Coupon type : Floating with floor
Coupon rate minimum (floor) :
  1. For first period (which will be paid on December 10, 2021 – Short Coupon), coupon rate is 4,80% p.a. (BI 7 days reverse repo rate during settlement is 3,50% added by spread amounting to 130 bps)
  2. Spread on poin A remains unchanged (130 bps) until maturity date
  3. Coupon rate for first 3 (three) month period is 4,80% p.a. acts as a minimum coupon rate (floor rate), and remains unchanged until maturity date
Return 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 compensation. A working day is the day operational payment system is conducted by Bank Indonesia.
First return payment : December 10, 2021(Short Coupon)
Nominal per unit : Rp1.000.000,00
Minimum order : Rp1.000.000,00
Maximum order : Rp1 Billion (Rp1.000.000.000,00)

Earn 0.1% cash rebate for ST008 purchase

Applies for minimum order accumulation of IDR 50 million (applies multiply of IDR 50 million).

Cash rebate will be credited to customers’ account that is utilized to purchase ST008, maximum on the following month after Settlement Date

Cash Rebate calculation illustration is as follows:

Nominal Completed Order Accumulation  Cash Rebate Value
IDR 50 Million IDR 50,000
IDR 100 Million IDR 100,000
IDR 130 Million IDR 100,000
IDR 234 Million IDR 200,000

Invest your fund in ST008 now. For further information, contact Tanya OCBC NISP at 1500-999 or visit the nearest branch of Bank OCBC NISP.

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