New Record, Sales Of SBR012 By BRI Touched Rp2.1 Trillion

Illustration of Rupiah (Photo: Doc. Antara)

JAKARTA PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) reported that the sale of SBR012 which began to be offered from 19 January - 9 February 2023 ran beyond the target, even touching the figure of IDR 2.1 trillion.

BRI's Director of Consumer Business Handayani said, based on booking value data, SBR012 was able to break a new record for the issuance of non-tradable retail SBN (non-tradable) sold online in history.

"Thus, it means that SBR012 succeeded in shifting SBR011's position as a non-tradable Retail SBN with the highest sales value of IDR 13.91 trillion in 2022," he said in an official statement, Tuesday, February 21.

It is known, the sale of SBR012 products is one of the government's strategies that is quite effective by issuing it in 2 tenors, namely the 2-year tenor or SBR012-T2 and the 4-year tenor or SBR012-T4. That way, investors have the choice of investment according to the needs and the desired tenor.

The yield or coupon for SBR012-T2 which has a 2-year tenor is 6.15 percent per year and 4-year SBR012-T4 offers 6.35 percent coupon per year, which is the minimum coupon. Because the yield of SBR012 is floating with a minimum limit (floating with floor).

This year, BRI in carrying out its SBR012 offer managed to get sales of IDR 2.1 trillion and when compared to SBR011 sales, sales increased to 40 percent, continued Handayani.

The SBR012 transaction at BRI can be done in two ways, namely the online SBN website and BRImo. He explained further, the e-SBN feature at BRImo can answer the customer's needs in transacting in the digital era. This convenience can be seen from the sale of SBR012 through BRImo by 42.82 percent of the total transactions.