JAKARTA. PT Bank Tabungan Negara (Persero) Tbk (BBTN), a state-owned bank with assets up to IDR 361.21 trillion, is collecting IDR 3.53 trillion to repay its three bonds maturing by the next couple of months.
Adi Santoso Budi Darma, the Head of Finance and Capital Market Division of BBTN, explained that those three bonds are BBTN Bond XV 2011, Shelf-Registration Bond II Phase II Year 2016 Series B, and Shelf-Registration Bond IV Phase I Year 2020 Series A.
Each bond’s nominal values are recorded at IDR 1.3 trillion, IDR 1.65 trillion, and IDR 577 billion, respectively. Meanwhile, those bonds would mature by June 28, 2021; August 30, 2021; and August 29, 2021.
“The funds would be deposited to the post of placement at Bank Indonesia through Bank Indonesia Certificate,” Darma said via the information disclosure at Indonesia Stock Exchange.
As specified in idnfinancials.com, BBTN has acquired IDR 1.43 trillion cash by December 31, 2020. At the same time, the company’s net profit for the 2020 fiscal year has reached IDR 1.6 trillion. (KR/ZH)