How To Buy State Bonds Online For Long-Term Investment

How to buy state debt securities (photo: Illustration Between)

YOGYAKARTA - State bonds (SUN) are one of the investment instruments that many people are interested in. Investors are interested in SUN because it offers low risks, but with competitive returns. So how to buy state debt securities that can be done online?

State debt securities are investment instruments issued by the government to obtain capital in assisting development. This investment instrument functions to finance government budget needs, such as closing the deficit in the State Revenue and Expenditure Budget (APBN).

SUN is guaranteed by the state according to interest and the main thing, so that its security is more secure. For those of you who are interested in SUN investment, understand how to buy state debt securities and their types.

State debt securities are securities issued by the government and sold by state companies in general to the public. The issuance of SUN aims to get capital injections to help with state development.

Based on Law no.24 of 2002, state debt securities consist of two types, namely bonds and Government Treasury Letters (SPN). SUN investment instruments are usually traded in two types of markets, namely the primary market and secondary market.

The primary market is the first place to offer and sell state debt securities between a company to investors and the public. The price of SUN sold is generally fixed and the number is limited.

While the secondary market is a place of trading of state debt securities after the first purchase process. SUN buying and selling activities are carried out between investors, so the price varies and is volatile.

As previously mentioned, there are two types of state debt securities, namely bonds and SPN. Each type of SUN has its own differences and schemes. The following is an explanation from the bonds and SPN:

Bonds are state bonds that have a period of more than 12 months, either using coupons (interest benefits) or without coupons. Bonds that use coupons have a regular coupon payment schedule, which is usually every three months or six months.

Meanwhile, state bonds without coupons do not have a coupon payment schedule. These bonds are sold at a discounted price and the principal debt payment is made when they are due.

There are two types of state bonds such as Saving Bond Retail (SBR) and Indonesian Retail Bonds (ORI). SBR has a similar nature to bank deposits. Meanwhile, ORI is a retail-traded state bond.

State treasury securities (SPN) are state debt securities that have a maximum period of up to 12 months. The SPN payment system is carried out on a disconto (intersection) basis. In some countries, SPN is better known as Treasury Bills or T-Bills.

Purchase of state debt securities in general is carried out with 4 steps, starting from registration, booking, payment, and payment confirmation. The public or investors can buy SUN online through the website.

The following are steps to buy state debt securities online to invest:

The government facilitates the purchase of state debt securities online for investors. You can buy SUN through the debt securities provider page. First, you need to register by preparing a number of required requirements or documents.

To buy SUN, prepare your identity such as Identity Card (KTP), Bank Account Number, Single Investor Identification Number (SID), and securities account number. SID is also called the Single Identity Number of the financier and is in the form of a single code issued by the Indonesian Central Securities Depository (KSEI) as a storage and completion institution.

If you have registered or registered, potential investors can purchase state debt securities. Make sure you read and understand the provisions before buying the SUN series offered.

Next you need to verify orders and payments. If the payment is successful, you will get a payment code via SMS and email. This payment code is in accordance with the policy and each distribution. Payments can be made via mobile banking, internet banking, ATMs, coming to tellers, and post.

The last step you have to do is just confirm the payment. You will get a State Revenue Transaction Number (NTPN). Later there will be a complete order notification (completed order), according to the schedule date or issuance.

That's information on how to buy state debt securities to invest. SUN is a safe investment instrument because it is guaranteed by the state. Also read tips on managing investment so that your investment strategy is achieved and does not fail.

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