Interest Up To 8.6 Percent Per Year, IDR 1 Trillion BJB Bonds Officially Listed On The Stock Exchange

BJB building. (Photo: Doc. Antara)

JAKARTA - Sustainable Subordinated Bonds III Phase II Year 2022 issued by PT Bank Pembangunan Daerah Jawa and Banten Tbk (BJBR) or BJB are officially listed on the Indonesia Stock Exchange (IDX). The value is IDR 1 trillion.

Quoting the IDX statement, Friday, June 10, the bonds were divided into two series. Among them, series A Rp399.91 billion with an interest rate of 7.85 percent and a period of five years.

While the BJB series B bonds are worth Rp600.09 billion with an interest rate of 8.6 percent and a period of seven years.

This Subordinated Continuous Bond III Phase II Year 2022 BJB is rated idA+ (single A plus) from PT Pemeringkat Efek Indonesia. Meanwhile, acting as the trustee in this issuance is PT Bank Tabungan Negara (Persero) Tbk.

For the listing of these BJB bonds, the total issuance of bonds and sukuk that have been listed on the IDX throughout 2022 is 51 issuances from 39 issuers. The value is Rp. 63.45 trillion.