Jakarta, 29 April 2024 – PT Mandiri Sekuritas (Mandiri Sekuritas/the Company) offers a Sharia-based investment instrument: the Government Securities (SBN) Retail namely Savings Sukuk (ST) Series ST012, to capital market investors of all risk profiles, from conservative, moderate to aggressive. ST012 is a Government of Indonesia’s guaranteed product which can be purchased starting from 26 April, with a low relative risk and managed according to Sharia principles, free from elements of gambling (maysir), uncertainty (gharar), and usury (riba).
The government has introduced two tenure options (tranches) for its offering which are ST012-T2 (2 years) and ST012-T4 (4 years). Investors will receive a minimum fixed yield of 6.40% per annum for ST012T2 and 6.55% per annum for ST012T4, with payments made on the 10th of each month starting from 10 July 2024. The investment value for ST012 is affordable, starting from IDR 1 million and its multiples, with a maximum purchase of IDR 5 billion for ST012-T2 and IDR 10 billion for ST012-T4.
Theodora VN Manik, Director of Retail at Mandiri Sekuritas stated, “As a dominant securities company in the Indonesian capital market industry, Mandiri Sekuritas is committed to enhance the investment growth of our clients while also supporting the government's vision in building the nation. By investing in ST012, investors also participate in supporting national economic growth because this product is launched as part of the government's structured financing management strategy.”
"ST012 is the right choice for customers to diversify their capital market investment products with stronger fundamentals. This product can be a solution for asset value preservation amidst high interest rates. ST012 can be easily and safely purchased through sbn.most.co.id," added Theodora.
The process of purchasing ST012 involves three easy steps: online registration at sbn.most.co.id, placing an order for SBN, and monitoring the transaction.
The offer for ST012 will end on 29 May 2024 and ST010-T2 will mature on 10 May 2026, while ST010-T4 will mature on 10 May 2028.