Independent Securities Call SR018 Deserves To Be Collected During Economic Uncertainty

Illustration of capital market movement (Between)

JAKARTA - State Sharia Securities (SBSN) or Retail Sukuk series SR018 are considered very appropriate to be collected now. Moreover, the global economic situation is still volatile.

Retail Director of PT Mandiri Sekuritas (Mandiri Sekuritas) Theodora Manik said this product is suitable for investors from various risk profiles and focuses on liquidity because it has fixed yields to maturity and can be traded back in the secondary market.

"We are very pleased to be trusted by the government again to offer SR018 investment products," Theodora said, quoting Antara, Friday, March 3.

SR018 is offered in two choices with attractive returns, namely 6.25 percent for the three-year SR018-T3 tenor and 6.4 percent for the SR018-T5 tenor of five years. Compared to the benchmark interest rate of Bank Indonesia (BI) at the level of 5.75 percent, the difference in yield yields (spread) SR018-T3 with BI interest rate is 50 basis points (bps) or 0.5 percent and SR018-T5 65 bps or 0.65 percent.

SR018 can be purchased easily by customers online via sbn.most.co.id and offers three main benefits for investors, namely attractive returns, affordable investment or starting from Rp1 million, and safe because it is guaranteed by the government.

Theodora added that investing in SR018 also means contributing to national economic growth because the funds collected will be used by the government to meet the 2023 State Revenue and Expenditure Budget (APBN) target and achieve equitable development.

The offer period of SR018 lasts for 27 days, from Friday, March 3, 2023 to Wednesday, March 29, 2023.

As of December 31, 2022, Mandiri Sekuritas through Mandiri Online Securities Trading (MOST) serves more than 230 thousand individual customers. MOST is now also more comfortable for transactions after the logo, display, and various features that were upgraded in November 2022.