Saving Bonds (ST) provides opportunity for Indonesian people to contribute to the nation through investment and is a safe and profitable alternative investment instrument.
OCBC Indonesia is committed to sell ST016 in the primary market according to each customer's needs. Supported by a team of professional staff, OCBC Indonesia is ready to serve you as part of our commitment.
Terms and Conditions
Details of ST016
| Details | ST016T2 | ST016T4 Green Sukuk Retail |
|---|---|---|
| Issuer | Indonesia SBSN Issuing Company | |
| Investor target | Indonesia Citizen | |
| Offering period | 8 May – 3 June 2026 (12.00 WIB) | |
| Allotment date | 8 June 2026 | |
| Settlement date | 10 June 2026 | |
| Bond type | Scripless, non-tradable on the secondary market, non-transferable, and non-disbursable until maturity except during the early redemption period redemption • ST016T2 : 26 May 2027 (09.00 WIB) – 3 June 2027 (10.00 WIB) • ST016T4 : 26 April 2028 (09.00 WIB) – 3 May 2028 (10.00 WIB) |
|
| Coupon payment | On the 10th date every month. In case the 10th date isn’t a working day, payment will be made on the next working day without an interest compensation. A working day is the day the operational payment system is conducted by Bank Indonesia. |
|
| Coupon type | Floating with floor | |
| First Coupon payment | 10 July 2026 (Long Coupon) | |
| Maturity date | 10 June 2028(2-years tenur) | 10 May 2030 (4-year tenure) |
| Coupon rate | 6.05% p.a. | 6.25% p.a. |
| Minimum order | Minimum IDR 1,000,000 (one million rupiah) | |
| Nominal per unit | IDR 1,000,000 (one million rupiah) | |
| Maximum order | IDR 5,000,000,000 (five billion rupiah) | IDR 10,000,000,000 (ten billion rupiah) |
Earn 0.1% cash rebate for ST016 purchase
Applies to minimum order accumulation of IDR 50 million and to multiplies of IDR 50 million
Cash rebate will be credited to customers’ account utilized to purchase ST016, at the latest on the following month after Settlement Date.
Illustration of how to calculate the Cash Rebate value:
| Accumulation of Nominal Completed Order | Cash Rebate Value |
|---|---|
| IDR 50 million | IDR 50 thousand |
| IDR 100 million | IDR 100 thousand |
| IDR 130 million | IDR 100 thousand |
| IDR 234 million | IDR 200 thousand |
For the minimum accumulated order provision of IDR 50 million applies per series and not an accumulation for the 2 series offered.
"All tax obligations arising in connection with the cash rebate received will be the full responsibility of the Customer in accordance with tax provisions based on applicable laws and regulations. OCBC has no responsibility in any form for the Customer's tax obligations."
Invest your funds now in ST016. For more information, contact Tanya OCBC at 1500-999 or visit your nearest OCBC branch.
The minimum accumulated order provision of IDR 50 million applies per series and is not an accumulation for the 2 series offered.
For further information, contact Tanya OCBC 1500-999 or visit the nearest OCBC branch.