Product - SBN Sekunder

Mandiri Surat Berharga Negara Sekunder

Bank Mandiri
❯ Priority ❯ Wealth Management ❯ Surat Berharga Negara Sekunder
Bank Mandiri

Secondary Government Securities

 
 
Securities issued as an acknowledgement of debt to bondholders, long-term (> 1 year), issued as bearer securities, under fixed or floating interest rates scheme. Interest is paid periodically or paid in advance (discount).

Investors can hold the securities through the primary market or secondary market. Primary market is the activity of offering and selling the Government Debt Securities for the first time, while the secondary market is the trading activities of Government Debt Securities that have been sold in the primary market.

Bonds may be issued by the government through the Ministry of Finance or by corporations. The bonds currently marketed through the secondary market mechanism at Bank Mandiri are the government bonds.
 

Types of Government Bonds Traded in the Indonesian Stock Exchange.

Government Securities

  • Fixed Rate (FR) -IDR
  • Government Treasury Bond (SPN) IDR
  • Obligasi Ritel Indonesia (Indonesia Government Retail Bond) (ORI) - IDR
  • Republic of Indonesia Bond (ROI) - USD & EUR

Government Securities

  • Fixed Rate (FR) -IDR
  • Surat Pembendaharaan Negara (SPN) - IDR
  • Obligasi Ritel Indonesia (ORI) - IDR
  • Republic of Indonesia Bond (ROI) - USD & EUR
 
  • Providing fixed income consisting of coupons (fixed rate), where bond holders will receive regular interests income during the validity period of the bond.
  • Potential price increase (capital gain) from bond prices.
  • Payment of yield and principal is guaranteed by law. (Law No. 24 of 2002 concerning Govenrnment Debt Securities and Law No. 19 of 2008 concerning State Sharia Securities).
 
  • The resale price is influenced by the applicable interest rates.
  • There is a liquidity risk where there is a possibility that the bonds to be traded cannot be absorbed by other market players (investors).
 
 
  • Customer has a custody account to maintain/hold the bond portfolio
  • Customer has opened Saving/Giro accoutnt at Bank Mandiri
  • Customer fills out and signs the required documents
  • Minimum transaction: IDR: Minimum IDR 100 million, in multiples of IDR 10 million USD: Minimum 20 thousand, in multiples of USD 5 thousand
 

Product Features

Customers can perform sale/purchase transactions for Government Debt Securities with Bank Mandiri through the Primary Market (Auction) and Secondary Market mechanisms, for Government Debt Securities (SUN).

Transaction Fees

No fees for transactions in the secondary market. No additional Custody Fee charged for Wealth segment customers.

Fast & Accurate Information

There are no fees for transactions in the secondary market. There is no additional Custody Fee charged for Wealth segment customers.

Competitive Prices

Supported by the availability of a portfolio/outstanding banking book/trading book, so there is no need to look for supply from the market to maintain competitive prices.

Service Excellence

Enjoy services for all Government Debt Securities (SUN) transactions denominated in IDR and USD at competitive prices and reliable marketers.