JAKARTA. PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) issues Medium Term Notes (MTN) with a principal of IDR 5 trillion, collectively, without public offering.
Said type of securities have been registered to Indonesia Central Security Depository (KSEI) under the title Series A and B of MTN of Bank BRI Year 2022. The principal offered in Series A amounts to IDR 2 trillion, while the principal of Series B is set to IDR 3 trillion.
The coupon rate that is attached to Series A is set to 6.60% per annum, and the coupon of Series B is set to 6.98% per year. The tenor of each series is 2 and 3 years, in that order.
The electronic distribution of MTN is scheduled to take place on November 24, 2022. Meanwhile, the first interest payment for both series of MTN will soon follow on February 24, 2023.
BBRI has assigned PT BRI Danareksa Sekuritas and PT BCA Sekuritas as the arranger of MTN issuance. (KR/ZH)