Increasing ORI022 Maximum Purchase Limit From IDR 2 Billion To IDR 5 Billion, Director Of Debt Instruments At Ministry Of Finance Explains The Reason

Director of Debt Letter of the Directorate General of Risk and Financing Management at the Ministry of Finance Deni Ridwan. (Photo: Doc. Antara)

JAKARTA - The government has increased the maximum limit for the purchase of Retail Government Bonds (ORI) series ORI022 to IDR 5 billion from IDR 2 billion in the previous series offering, namely ORI021.

"We see that investors' interest in ordering ORI so far is not only small, but also large, so we increase the purchase limit," said Director of Debt Instruments at the Directorate General of Risk Financing and Management of the Ministry of Finance Deni Ridwan at the Launch and Opening of the ORI022 Offer Period. quoted by Antara, Monday 26 September.

Therefore, he invites all Indonesians to immediately invest in ORI022 which has a more attractive coupon rate than deposits, which is 5.95 percent with a fixed rate.

Not only from the nominal amount, Deni said that the high interest of investors in ORI so far is also seen from the growing portion of the millennial generation.

In the previous ORI021 order, it was recorded that around 40 percent of investors came from the millennial circle, which was then followed by generation X and the baby boomer generation.

"So this is an extraordinary achievement where ORI is one of the investment instruments for the millennial generation," he said.

In addition, he mentioned that Generation Z, who is currently still in college or high school (SMA), has also started to look active as ORI investors because these investment instruments can be ordered starting from IDR 1 million and are made easier by ordering online or online.

The government today officially opens the online ORI022 offering period (e-SBN) and can be ordered through 30 distribution partners that have been determined until October 20, 2022 at 10:00 WIB.

The online purchase order process for ORI022 is carried out through four stages, namely registration, ordering, payment, and settlement or confirmation. The registration period can be done at any time on the distribution partners that have been determined.