JAKARTA - The Daya Anagata Nusantara Investment Management Agency (BPI Danantara), or Danantara Indonesia, will issue Patriot Bonds as a new financing breakthrough to support national development.
Danantara Indonesia Chief Investment Officer (CIO) Pandu Sjahrir stated that this type of instrument is commonly used in various countries, including Japan and the United States.
"Patriot Bonds are a strategic financing instrument commonly used in various countries, such as Japan and the United States, to strengthen national financial independence," Pandu said in an official statement on Tuesday, August 26.
According to Pandu, these Patriot Bonds open up opportunities for the country to obtain a much more stable source of medium- to long-term funding. They also provide access to safe investment instruments for domestic entrepreneurs.
"Through these bonds, the country obtains a stable source of medium- to long-term funding. Meanwhile, business actors have access to safe investment instruments that are beneficial to the national economy," he said.
Pandu emphasized that these Patriot Bonds are not only a financial instrument, but also a means for voluntary participation from the business sector to share responsibility for the intergenerational development agenda.
"The basic principles of Patriot Bonds are voluntary participation and shared responsibility. This scheme opens up space for national business groups to contribute to the intergenerational development agenda, while ensuring sustainability and community well-being," he said.
Pandu emphasized that Danantara Indonesia is committed to carrying out its mandate as a state investment manager with prudence, transparency, and good governance.
"Every financing initiative is aimed at supporting long-term economic transformation and strengthening the role of the business sector in development," he said.
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