Bank Mandiri Pays Basic Bonds Of IDR 3 Trillion

Illustration of the Rupiah (Photo: Doc. Antara)

JAKARTA - PT Bank Mandiri (Persero) Tbk (BMRI) has paid off or paid the principal of the 2018 Bank Mandiri Phase III Sustainable Bonds worth IDR 3 trillion. The due date is September 21, 2023.

BMRI Corporate Secretary Rudi Asaturridha explained that the company has paid the principal of the 2018 Bank Mandiri Phase III Sustainable Bonds through PT Kustodian Sentral Efek Indonesia (KSEI).

Citing Antara, Rudy did not mention that there was an impact on the incident, information or material facts on the company's operational, legal, financial condition and business continuity.

Launching from KSEI, there are nine bonds that have been issued by banking members from the Association of State-Owned Banks (Himbara).

Bank Mandiri's First Sustainable Bond Phase III 2018 became the earliest maturing debt securities, after which it was followed by Bank Mandiri's First Sustainable Bond Phase I 2016 worth IDR 1.5 trillion which will mature on September 30, 2023.

Meanwhile, Bank Mandiri's Shelf-Registered Environmental Bonds I Phase I Year 2023 Series B worth IDR 3.05 trillion became the bond whose due is no later than July 4, 2028.

For information, in June 2023, Bank Mandiri completed its 2023 Sustainable Budget (PUB) of Sustainable Environmental Income Bonds (Green Bond), which oversubscribed 3,74 times the target of raising funds worth IDR 5 trillion.

The bond offering is part of Bank Mandiri's Sustainable Public Offering Plan for Sustainable Environmental Bonds I with a target fund of IDR 10 trillion.