JAKARTA - PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) has officially issued Commercial Securities (SBK) worth IDR 500 billion.
This step confirms BRI's strategic position as a leader in the development of the national financial market, as well as part of the strategy for the sustainable management of short-term liquidity and the issuance of SBK is also in line with Bank Indonesia's policy in encouraging the deepening of the Indonesian financial market.
The SBK issued by BRI obtained the IdA+ (highest short term rating) rating from PT Pemeringkat Efek Indonesia (Pefindo), or equivalent to the AAA rating for long-term debt securities.
This rating reflects the high level of reliability and BRI's ability to meet financial obligations on time.
In this issuance, BRI acts as the issuer with the support of BRI Danareksa Sekuritas as the arranger.
The issuance makes BRI the first bank in Indonesia to issue Commercial Securities in accordance with the Regulation of the Board of Governors of the Bank of Indonesia Number 13 of 2024 concerning Money Market Transactions.
SBK BRI is offered in four tenor options, namely a 1-month tenor with a discount rate of 4.5 percent, a 3-month tenor of 4.60 percent, a 6-month tenor of 4.85 percent, and a 12-month tenor with a discount rate of 4.95 percent.
This instrument is designed not only as a source of short-term funding, but also as an effort to strengthen a transparent, credible, and competitive money market instrument.
BRI President Director Hery Gunardi said that the issuance of SBK BRI is an efficient and fast short-term funding solution for the company, while presenting an investment alternative with attractive returns for investors.
He said that with a flexible structure and the implementation of strong governance, SBK BRI is expected to strengthen the prudent management of liquidity and support the transmission of policies and deepening of the national financial system.
"We believe that the success of the issuance of SBK BRI is the first step in strengthening BRI's role in the development of national money market instruments. In the future, BRI will continue to encourage product innovation, expand the investor base, and ensure that all financing initiatives remain prioritizing the principles of prudence, transparency, and good governance," he said in a statement, Tuesday, January 13.
In line with this, the Chief Executive of the Banking Supervisory Authority of the Financial Services Authority (OJK) Dian Ediana Rae appreciated BRI's steps in issuing SBK as a tangible form of the banking's contribution in deepening the money market.
According to him, BRI plays a pioneering role in the issuance of commercial securities which are short-term strategic instruments to increase market liquidity.
"OJK considers the launch of SBK BRI as a strategic step in enriching national money market instruments, increasing flexibility in financial management in the banking sector, and strengthening the role of market instruments as a market discipline mechanism," he explained.
Meanwhile, Senior Deputy Governor of Bank Indonesia Destry Damayanti emphasized that deepening the money market has a crucial role in maintaining the stability of the financial system amid global uncertainty.
He added that the presence of short-term instruments such as SBK BRI not only strengthens the banking funding structure, but also expands investment options for investors.
"Bank Indonesia appreciates the role of BRI which has consistently supported the development of the national financial market. The joint effort in deepening the financial market is expected to provide sustainable benefits for the Indonesian economy as a whole," said Destry.
For your information, throughout the period 2016 to 2025, BRI has routinely issued debt securities in rupiah with the highest rating from Pefindo.
The rating reflects the solid capital strength, maintained asset quality, and BRI's ability to meet all of its financial obligations.
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