Retail Savings Bond (SBR) provides an opportunity for the Indonesian people to participate in supporting the improvement of the human resources quality and is an alternative investment instrument that is safe and profitable.
Bank OCBC NISP is committed to market SBR011 in the primary market according to customers’ needs. As a form of our commitment and supported by a team of professionals, Bank OCBC NISP is ready to serve you.
|Publisher||:||Government of the Republic of Indonesia|
|Offer period||:||May 25th, 2022 – June 16th, 2022|
|Bond type||:||Scripless Government Bond, non-tradeable, non-transferable, and non-disbursable until maturity date unless on early redemption period|
|Target investors||:||Individuals, Indonesian citizens|
|Allotment date||:||June 20th, 2022|
|Settlement date||:||June 22nd, 2022|
|Maturity date||:||June 10th, 2024 (2 years tenor)|
|Coupon type||:||Floating with minimal coupon rate (floating with floor)|
|Coupon payment||:||On the 10th date of every month. In the event that the Coupon Payment Date is not on a business day, payment will be made on the next working day without interest compensation. A working day is the day operational payment system is conducted by Bank Indonesia.|
|First return payment||:||August 10th, 2022 (long coupon)|
|Nominal per unit||:||IDR 1,000,000.00|
|Purchase order||:||Minimum IDR 1,000,000.00|
|Maximum order||:||IDR 2,000,000,000.00|
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 SBR011, 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|
Immediately invest your funds in SBR011. For more information, please contact Tanya OCBC NISP at 1500-999 or visit the nearest Bank OCBC NISP branch.