7 Times Become Madis Fintech With The Highest SBN Sales, Get Ready To Buy ORI024 In Bibit.id

Photo: Doc. Bibit.id

JAKARTA - As a distribution partner (midis) for the sale of Government Securities (SBN) officially appointed by the Ministry of Finance of the Republic of Indonesia, Bibit.id consistently invites people to invest in SBN instruments, which in fact are safe because 100 percent is guaranteed by the state.

Through various efforts he has made, since the beginning of 2022, Bibit has been the middleist of the fintech category seven times, scoring the highest sales. Finally, Bibit scored the largest number for the sale of SR019 series retail State Sharia Securities (SBSN) on September 1-20, 2023.

In October 2023, the Indonesian government launched the ORI024 Series Retail State Bonds. With an offering period from October 9, 2023 to November 2, 2023, ORI024 is offered with two types of products, namely ORI024-T3 for the three-year tenor and ORI024-T6 for the six-year tenor. The yield (coup) for ORI024-T3 is 6.10 percent per year, while the coupon for ORI024-T6 is 6.35 percent per year.

ORI024 has higher yields than the average interest rate of state-owned bank deposits and lower taxes from deposits (SBN tax is only 10 percent while deposit tax is 20 percent). With fixed rate yields that remain stable until due. Thus, ORI024 can be a low-risk investment option and 100 percent is guaranteed by the state.

As the tagline carried by ORI024, namely "United Securities to Build the Nation", Angie Anandita Tjhatra, Head of Marketing Bibit.id, invites investors in Indonesia to contribute to state development by buying ORI024 in Bibit.

"In addition to being safe because 100% is guaranteed by the state, with fixed rate returns, ORI024 is an investment option that provides fixed revenue for the next three to six years. The returns will not decrease even though the economic conditions are up and down. On this occasion, we also want to express our appreciation to investors for the trust in investing in SBN with Bibit," said Angie, Wednesday, October 11.

The purchase/order for ORI024-T3 is IDR 1 million and a multiple of IDR 1 million with a maximum of IDR 5 billion. On the other hand, the minimum purchase/order for ORI024-T6 is IDR 1 million and a multiple of IDR 1 million with a maximum of IDR 10 billion. Payment of the first coupon will be made on December 15, 2023 (long coupon), and then coupon payments will be made every month every 15th.

No need to worry either, ORI024 is a tradeable SBN that can be sold before maturity, starting on December 16, 2023.

To be able to invest in SBN in Bibit, users simply click on the icon or banner of "State Securities (SBN)" on the application homepage and the Bibit website. In this case, Bibit partners with Stockbit Sekuritas to manage the listing 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.

For information, at the end of 2020, data from the Indonesian Central Securities Depository (KSEI) showed that there were around 460 thousand SBN investors. The figure then rose to 611 thousand at the end of 2021, 831 thousand at the end of 2022, and as of August 2023 the figure had reached 943 thousand investors.

"Of course Bibit will continue to support the government's efforts to strengthen the base of domestic investors in our financial markets," Angie concluded.