Offers For The SR017 Retail Tribe Will End Soon, Bibit: Community Anthusiasm Very High

Photo: Doc. Bibit

JAKARTA - Towards the end of the offer for retail of State Sharia Securities (SBSN) series SR017 on September 14, 2022, public interest in investing in instruments guaranteed 100 percent by this country is very high. As of September 7, 2022, the government's original sales of SR017, which was targeted at Rp10 trillion, have exceeded the figure of Rp22 trillion. The national order quota also increased to Rp23 trillion. PR & Corporate Communication Lead Bibit.id, William, said that one of the attractions of SR017 lies in the fixed rate yield of 5.90 percent per year with a tenor of three years. This figure is considered quite high compared to the average interest rate of the state-owned bank and the benchmark interest rate of Bank Indonesia which is currently 3.75 percent. As a Partner of Distribution of Sales of State Debt Letter officially appointed by the Ministry of Finance of the Republic of Indonesia, Bibit is ready to assist the community in the purchase/order of SR017. "Given the unstable economic conditions, investors see SR017 as a stable passive income alternative. In addition, SR017 also allows investors to sell it on the secondary market before it matures," William said in a written statement, Friday 9 September. Minimum purchase/order of SR017 is IDR 1 million and a maximum of IDR 5 billion. To be able to buy SR017 on the Bibit application or website, users simply click on the icon or banner < SBN” on the front page of the Bibit application and website. In this case, Bibit partnered with Stockbit Sekuritas to manage the records and storage of investor's SBN Investor Fund Accounts. Later, after investors make payment of SBN transactions, investors will get proof of transactions in the form of proof of State Revenue (BPN). At BPN there is a State Revenue Number (NTPN) issued directly by the state as well as proof of the ownership of the purchased SBN. "As a partner for the SBN Sales Distribution, Bibit makes the process of buying SBN very easy because it only needs a few clicks and can be done from home. This convenience also makes millennial investors more interested in investing in SR017," added William. On the other hand, the taxes imposed on the SR017 proceeds are only 10 percent lower than the 20 percent deposit tax. With a relatively lower and guaranteed tax because 100 percent is guaranteed by the state, retail investors, especially those who prefer Islamic investment instruments, are busy investing in SR017. Separately, the Director of Sharia Financing of the Ministry of Finance of the Republic of Indonesia, Dwi Irianti Hadiningdyah, expressed hope that the government, with the issuance of SR017, could increase investor participation from Indonesia in developing the country, increase domestic resilience. financial markets and reduce dependence on foreign investors. "Many Indonesian people know the Retail Sukuk, some investors have become Sukuk's Friends, namely investors who faithfully invest in the Retail Tribe issued by the government," said Dwi.