SBN Retail Series ORI023 Launched, Bibit Provides Cashback Promo Of Up To IDR 10 Million

As of June 30, 2023, the government officially issued Retail State Bonds series ORI023. With an offering period of June 30-20 July 2023, ORI023 comes in two types of products, namely ORI023-T3 with a tenor of three years and ORI023-T6 with a tenor of six years.

ORI023-T3 is offered with a yield of 5.90 percent per year and is due three years. The minimum purchase for ORI023-T3 is IDR 1 million and a multiple of IDR 1 million with a maximum of IDR 5 billion. Meanwhile, ORI023-T6 is offered with a yield of 6.10 percent per year and is due for six years.

The minimal purchase for ORI023-T6 is IDR 1 million and a multiplicity of IDR 1 million with a maximum of IDR 10 billion. Both ORI023 products can also be traded in the secondary market on September 15, 2023.

Public enthusiasm for ORI023 products is relatively large. On the first day of the offering period, ORI023 has sold IDR983.96 billion nationally. According to Angie Anandita Tjhatra, Head of Digital Marketing Bibit.id, most investors are looking at ORI023 as a low risk passive income alternative because 100 percent is guaranteed by the state and have stable yields to maturity.

Thus, despite the ups and downs of economic conditions, ORI023 can be used by investors to develop their idle funds (idle funds), in order to get a stable yield until due. In addition, ORI023 yields are also higher than BUMN Bank deposits and inflation rates, so that it is the right choice to develop funds so that inflation does not erode.

ORI023 investors will receive yield payments every month. Of course, this is very suitable for those who want to receive additional passive income every month for the next three to six years. On the other hand, the taxes imposed on ORI023 returns are only 10 percent, while deposits are deducted by 20 percent tax. This is an additional attraction," said Angie. Angie added, based on information collected by the Bibit research team, there are at least three reasons why Indonesians chose to invest Government Securities (SBN) in Bibit. First, as SBN sales Distribution Partners (mid) officially appointed by the Ministry of Finance of the Republic of Indonesia in early 2022, Bibit has become the leading fintech category midist trusted by investors and side by side by side by side with large banks.

Some of the achievements of Bibit so far are as follows:

- Midis for the fintech category with the most sales on the offer of Retail Sukuk series ST010 (12 May-7 June 2023).

- Midis in the fintech category with the most sales at the SBR012 series Savings Bond Retail offer (19 January-9 February 2023).

- Midis in the fintech category with the most sales on the offer of Retail Sukuk series ST009 (11-30 November 2022).

- Midist in the fintech category with the most sales at the ORI022 series Retail State Bonds Offer (26 September-20 October 2022).

- Midis in the fintech category with the most sales on the offer of retail State Sharia Securities series SR017 (19 August-14 September 2022).

- Midist in the fintech category with the highest number of investors on the SBR011 Series Savings Bond offer (May 25-June 16 2022). Second, Bibit also provides attractive promos for ORI023 purchases. By investing ORI023 in Bibit in the period 30 June-20 July 2023, investors also have the opportunity to get cashback of up to IDR 30 million.

- For ORI023 investment of IDR 25 million -< IDR 50 million, investors have the opportunity to get a cashback of IDR 50 thousand.

- For ORI023 investment of IDR 50 million -< IDR 100 million, investors have the opportunity to get a cashback of IDR 100,000.

- For ORI023 investment of IDR 100 million -< IDR 300 million, investors have the opportunity to get a cashback of IDR 200 thousand.

For ORI023 investment of IDR 300 million -< IDR 500 million, investors have the opportunity to get a cashback of IDR 600 thousand.

For ORI023 investment of IDR 500 million -< IDR 1 billion, investors have the opportunity to get a cashback of IDR 1 million.

For ORI023 investment of IDR 1 billion -< IDR 2 billion, investors have the opportunity to get a cashback of IDR 2 million.

For ORI023 investment of IDR 2 billion -< IDR 3 billion, investors have the opportunity to get a cashback of IDR 4 million.

For ORI023 investment of IDR 3 billion -< IDR 4 billion, investors have the opportunity to get a cashback of IDR 9 million.

For ORI023 investment of IDR 4 billion -< IDR 5 billion, investors have the opportunity to get a cashback of IDR 12 million.

For ORI023 investment of IDR 5 billion -< IDR 10 billion, investors have the opportunity to get a cashback of IDR 15 million.

For ORI023 investment of IDR 10 billion, investors have the opportunity to get a cashback of IDR 30 million.

For more detailed information about the ORI023 promo mechanism, investors can visit social media, blogs and the Bibit application and contact the Bibit Customer Service at WhatsApp +6221 50864230.

Third, in terms of convenience, to be able to invest in SBN in Bibit, users simply click on an icon or a 'State Securities' banner on the application homepage or Bibit website. In this case, Bibit partners with Stockbit Sekuritas to manage the recording and storage of investor-owned SBN Investor Fund Accounts.

Later, after investors make payments for SBN transactions, investors will receive transaction evidence in the form of State Revenue Evidence (BPN). In BPN, there is a State Revenue Certificate Number (NTPN) issued directly by the state and is proof of the ownership of the SBN purchased.