Targeted At IDR 750 Billion, Order SR017 At BRI Excess Demand To Reach IDR 1.01 Trillion

Illustration (Photo: Doc. Antara)

JAKARTA PT Bank Rakyat Indonesia (Persero) Tbk or BRI stated that it managed to record the order value of SR017 reaching IDR 1.01 trillion. This amount is equivalent to 133 percent of the sales target of IDR 750 billion as of September 1, 2022.

BRI's Director of Consumer Business, Handayani, said this situation brings its own optimism that the value of the order will continue to grow until the end of the bidding period.

The explanation of SR017's sales is proof that public knowledge about the importance of investing is increasing. BRI as a partner continues to optimize literacy and education to the public for SBN products published by the government", she said in a written statement on Wednesday, September 7.

According to Handayani, this positive signal is very helpful in increasing investment absorption on the domestic side.

"We continue to open the offer of Retail Sukuk SR017 from August 19, 2022, to September 14, 2022", she said.

Handayani added that the slick achievement recorded cannot be separated from the business strategy with digitalization.

"The initiatives taken make it easier to provide digital banking service needs so that they become a holistic solution for customers", she said.

For information, BRI's digital application, namely BRImo, has been equipped with a State Securities (SBN) feature that makes it easier for customers to purchase Retail SBN and check ownership status.

Meanwhile, SR017's investment itself is an attractive choice for the public because of its convenience and affordable price. Starting from IDR 1 million, people can already buy SR017. While the maximum value of the purchase is IDR 5 billion.

"The high interest of investors in SR017 is because it is considered a Retail State Sharia Securities (SBSN) offer the highest yield compared to the previous Retail SBN series throughout 2022", she said.

In addition, the return from SR017 provides 5.9 percent per year and is due only for 3 years on September 10, 2025. Finally, this SR017 also has low-risk characteristics and is guaranteed by the state so that it has a risk of default that is almost non-existent.