Jakarta, 25 May, 2022 - PT Mandiri Sekuritas (Mandiri Sekuritas) once again trusted by the Government of The Republic of Indonesia as one of the distribution partners of Savings Bond Retail series SBR011. This retail Government Bond (SUN) product is sold exclusively for Indonesian Citizens (WNI) online from 25 May to 16 June, 2022.
This SBR011 product offers four benefits for investors, namely easy access online, affordability as the investment can start from IDR1 million, attractive returns with a minimum coupon (floor rate) of 5.50% per year, and safety because it is guaranteed by the Government. The tenor or investment period of SBR011 is two years, so it will mature on 10 June, 2024. Coupon receipts will also be paid every month on the 10th starting from 10 August, 2022.
Mandiri Sekuritas Director Theodora Manik said, "In 2022, the national economic recovery will be intensified, one of the ways is by providing capital for development costs while inviting people to invest and earn profits. SBR011 is also suitable for early investors because it is affordable and offers a fairly high yield per year. With many Indonesians aware of the importance of investing early on since the pandemic, we believe that the purchase of SBR011 will be dominated by Millennial and Gen Z customers. Data from the Indonesia Stock Exchange (IDX) as of 31 March, 2022 shows that around 80% of Indonesian capital market investors are part of the Millennials and GenZ generations. Similar data was also found in Mandiri Sekuritas, where around 70% of investors are Millennials and GenZs.”
“SBR011 can be an attractive choice because the yield offered is higher compared to other investment instruments. Compared to Bank Indonesia's benchmark interest rate, BI-7 Days Reverse Repo Rate which is currently at 3.5 percent, the yield spread is 2 percent." added Theodora.
The proceeds from the sale of SBR011 will be used to fund the needs of the State Budget (APBN) 2022. The presence of SBR011 in the middle of 2022 can be one of the financial resolutions to achieve stability in the future. Thus, the next generations role as successors of this country is instrumental in funding the government's needs to encourage recovery in various sectors, especially the economy.
SBR011 can be purchased easily and safely online through sbn.most.co.id. Through the Mandiri Sekuritas investment services, the registration and transaction processes can be accessed quickly, and customers can monitor their investment performance anytime and anywhere.
The growth of the retail business is supported by the continuous improvement of Mandiri Online Securities Trading (MOST) services which include, among others: a feature allowing users to open online securities accounts, the usage of electronic signatures; MOST Digisign, a quality analytics platform; MOST Forum, a mutual fund investment service; MOST Fund, investment in sharia-based capital market products; MOST Sharia, and free periodical investment classes through MOST Learning. Mandiri Sekuritas serves more than 200 thousand individual customers who invest in the capital market.
