PT Mandiri Sekuritas (“Mandiri Sekuritas” or the “Company”) has officially began to offer Retail Government Bond (SBN) in the form of Savings Sukuk (ST) Series ST016, issued by the Ministry of Finance of the Republic of Indonesia, a safer and more reliable sharia-based investment instrument. ST016, which can be conveniently purchased through Growin’. ST016 offers competitive returns for individual investors of 6.05% per annum for the 2-year tenor and 6.25% per annum for the 4-year tenor.
As a sharia-based investment instrument, ST016 does not contain elements of gambling (maysir), uncertainty (gharar), or usury (riba). ST016 carries relatively low risk and is suitable for investors across various risk profiles. The 2-year tenor ST016 (ST016T2) can be purchased starting from Rp1 million with a maximum purchase limit of Rp5 billion. Meanwhile, the 4-year tenor ST016 (ST016T4) can be purchased starting from Rp1 million with a maximum limit of Rp10 billion.
Director of Retail at Mandiri Sekuritas, Theodora Manik, said, “Global geopolitical uncertainty has encouraged investors to become increasingly selective in choosing capital market investment instruments. ST016 presents a relevant alternative as it offers the security of a government-guaranteed instrument while also adhering to sharia principles. Investment in ST016 can strengthen investment fundamentals amid a volatile environment. ST016 can be purchased through Growin’ by Mandiri Sekuritas for its customers, or for those who are not yet customers can simply register via the Growin’ website at growin.id or by downloading the application from the App Store and Play Store.”
“Going forward, Mandiri Sekuritas remains highly committed to support Indonesian investors through a wide range of government and corporate bond products, as well as other capital market products delivered through adaptive and intuitive digital solutions. We believe government bond products will continue to attract public interest as they cater to evolving financial needs over time,” Theodora added.
Purchasing ST016 through the Growin’ by Mandiri Sekuritas application can be done easily by logging into the application, selecting the “Bond” menu, then “SBN,” and choosing the ST016 series that best suits investment needs. The next step is entering the desired investment amount, followed by completing the payment through the appointed payment bank via Livin’ by Mandiri application.
The offering period for ST016 runs from 8 May to 3 June 2026. The first coupon payment for ST016 will begin on 10 June 2026 and will subsequently be paid on the 10th of every month.
