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Once again, Investree appointed as the distribution partner of SBR-005

10 January 2019 16:04

JAKARTA - After reaping positive results in marketing the state Savings Bond Retail financing instrument SBR003 and SBR004 and ST-002 Sukuk Savings issued in 2018 a total of Rp 130 billion, Investree (PT Investree Radhika Jaya) as the marketplace lending platform has again become a Distribution Partner (MiDis) in marketing the SBR005 Savings Bond Retail to increase the number of domestic investors that can be purchased online from 10-24 January 2019 because it is included in the type of Electronic Government Securities (e-SBN).

By investing through the SBR005 Savings Bond Retail Series, Investree has contributed to financial inclusion and has made it easier for the community to participate in national development considering that all funds received through SBR005 issuance will be used as a source of government funding in the State Budget (APBN) and to finance productive government activities, in this case building Indonesian education.

Co-Founder & CEO Investree, Adrian Gunadi, explained, "Starting from the sale of the ST-002 Series Sukuk Savings last year, where SBN Investors in Investree were dominated by young people aged 21-35 years, we were happy to be continuously become government’s partner in marketing the Government Securities to facilitate access to investment by the Indonesian people in financial products and participate in national development, especially in targeting millennial niche markets as productive age and people from remote areas."

With a minimum floating-floor coupon rate of 8.15%, SBR005 has a tenor of 2 (two) years with affordable bookings of Rp 1 million. In addition, investors will get other benefits such as being safe because it is guaranteed by the state, easy ordering 100% online, and repayment before maturity (early redemption) up to 50% from a minimum order of Rp 2 million without repayment fees. Coupon rewards will be paid every month by the Issuer with a coupon rate adjusted every 3 (three) months on the coupon adjustment date and based on the benchmark interest rate plus a fixed spread of 215 bps (2.15%) to maturity. (LM)

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