The Government Of Serapt Rp13.02 Trillion From The Retail Negar Bond Series ORI022, Will Be USED For State Budget Financing
JAKARTA - The government has absorbed Rp13.02 trillion from the issuance of the ORI022 series Retail State Bonds which obtained the best level of rhythm since the issuance of online retail tradable State Securities (SBN).The proceeds from the sale of ORI022 will be used to meet the 2022 APBN financing target and its changes, including the recovery of the impact of the COVID-19 pandemic.In an official statement in Jakarta, quoted from Antara Tuesday, October 25, the Directorate General of Financing and Risk Management of the Ministry of Finance (Kemenkeu) stated that the issuance of ORI022 was the issuance of the last tradable retail SBN instrument in 2022.Taking into account the yield or yield of SBN in the secondary market as well as sufficient liquidity in the market, ORI022 is offered with competitive coupons of 5.95 percent.The target for issuing ORI022 is lower than the previous retail SBN, considering the projected reduction in APBN financing needs in line with improving the realization of state revenues and optimizing state spending.Public enthusiasm is very high, as can be seen from the participation in educational activities carried out related to ORI022 offerings. The sale of ORI022 this time is supported by campaigns and educational activities to the community through various activities, both online, offline, and hybrid, as well as the optimization of social media to provide information about investment in financial markets, especially investments in retail SBNs.In the issuance of ORI022 this time, it was recorded that 39,527 investors participated, of which 16,926 or 42.8 percent of the total investors, were new investors. ORI022 investors are scattered from all provinces in Indonesia.The average order (ridanese rate) ORI022 is IDR 329.3 million per investor, better than ORI021 of 445.7 million per investor. There are 2,962 or 7.5 percent of investors who order with a nominal value of IDR 1 million.Based on the number of investors, the millennial generation again dominates ORI022 investors with a portion of 45.6 percent, but in nominal terms it is still dominated by the baby boomers generation, namely 41.2 percent.Meanwhile, based on professions, the number of ORI022 investors is dominated by private employees, which is 35.2 percent. In nominal terms, investors who work as entrepreneurs still dominate ORI022 orders, namely 38.6 percent.Based on gender, the number of ORI022 investors is dominated by female investors, which is 57.8 percent. If observed based on the investor profession, housewives are ranked in the top three of ORI022 investors, which is 10.1 percent.Since the implementation of Single Investor Identification (SID), as many as 22,601 ORI022 investors have purchased retail SBN more than once (repeating investors) or as many as 57.2 percent of the total number of ORI022 investors, with a nominal order of Rp8.57 trillion. Of this number, as many as 28 investors have never been absent from buying retail SBN.In the issuance of ORI022 this time, bank distribution partners still dominate ORI022 sales, both in nominal terms and the number of investors. With the increase in non-bank distribution partners in the issuance of ORI022, the non-bank portion is increasing, both in terms of nominal and number of investors.For non-bank groups, the largest nominal sales were achieved by securities companies and the largest number of investors was achieved by the Fintech Company, the Fund Securities Seller Agent (APERD).