Government Retail Syariah Bonds SR 009 Series known as Sukuk Negara Ritel Seri SR 009 - are sold to Indonesian Citizens through Appointed Agents with agreeable minimum volume.
Product Specification
Issuer | : | Government of Indonesia - through special purpose vehicle (appointed agent) |
Promotion Date | : | 27 February - 17 March 2017 |
Minimun Order | : | 5.000.000 IDR and the multiple of it |
Maximum Order | : | 5.000.000.000 IDR |
Distribution Date | : | 20 March 2017 |
Settlement Date | : | 22 March 2017 |
Maturity Date | : | 10 March 2020 |
Coupon Rate | : | 6.90% p.a gross |
First Coupon Payment | : | 10 April 2017 and every 10th day of the month until maturity |
The Benefits
1. Secured
Coupon and Nominal Value of Government Retail Syariah Bonds Sukuk Negara Ritel SR-009 series are guaranteed by Government in accordance to the existing Constitutions - UU SBSN and UU APBN every year.
2. Attractive Coupon Payment
Coupon offered is higher compared to the average return of term deposit by Government Bank.
3. Fixed Coupon Rate
Coupon rate remains unchanged until maturity.
4. Capital Gain Potential
Saleable in the Secondary Market, enabling capital gain, depending upon the current Bond's Price - after considering the applicable transaction costs.
5. Liquid
Tradeable in secondary market, through Stock Exchange or non Stock Exchange (over the counter).
6. National Development Funding
To participate in Government Funding for National Development.
Featured Additional Benefits
1. Competitive Coupon Payment.
2. Waived fees.
3. Transactional in every PaninBank branch.
How to apply
PT Bank Pan Indonesia Tbk published this content on 27 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 February 2017 08:37:16 UTC.
Original documenthttp://www.panin.co.id/post/1374/government-retail-syariah-bonds-sr-009-series#.WLPkIHIiyUk
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