Just Leyeh-Leyeh, The Government Gives You IDR 7.4 Million Per Month If You Invest In ORI-20

Illustration (Photo: Doc. Antara)

JAKARTA - The government's decision to re-release the Retail State Bonds (ORI) series ORI-020 is like a breath of fresh air in a difficult situation. How not, this instrument can be an alternative investment at a time when uncertainty continues due to the COVID-19 pandemic.

Just so you know, ORI-20 is a State Securities (SBN) whose existence is guaranteed directly by the government because it is issued by the Ministry of Finance (Kemenkeu). This was confirmed by the Director General of Financing and Risk Management of the Ministry of Finance, Luky Alfirman.

"This ORI-20 is a very safe investment instrument because coupon and principal payments are guaranteed by law and the funds are provided in the APBN every year," he said in a virtual press conference while inaugurating the ORI-20 offer today, Monday, October 4.

For information, all funds raised will be used to help finance the state budget to deal with the pandemic, including paying for the cost of treating COVID-19 patients, procuring and distributing vaccines, and providing incentives for health workers (nakes).

Meanwhile, the ORI-20 bidding process starts from October 4 to 21, 2021. This investment instrument can be collected from IDR 1 million to IDR 2 billion with a coupon rate of 4.95 percent per year. While the maturity period is 3 years, aka until 2024.

As a simulation, if investors invest their capital for the largest nominal, which is Rp. 2 billion, then the value of the benefit (coupon/interest) obtained is Rp. 99 million per year.

If the government imposes a tax of 10 percent of the profit, then the net income per year is IDR 89.1 million.

Thus, from an investment of IDR 2 billion invested in ORI-20, a margin of IDR 7.42 million per month will be obtained.

This amount will be obtained regularly for three years, after which the government will return the principal investment value of Rp. 2 billion when it matures or in 2024. One thing to note is that the ORI-20 is the last retail instrument released by the state for this year.

How are you interested in investing as well as helping in handling the domestic pandemic?