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Attracting young investors, ST-009 brought in IDR 10 trillion

05 December 2022 12:49

JAKARTA. The total sales of Green Retail Sukuk – Savings Sukuk of ST-009, which had been offered since November 11, 2022, managed to reach IDR 10 trillion.

Said satisfactory result was the outcome of the surge of interest detected in millennial investors (generation Y). According to the report of the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance, the number of millennial investors that seek to claim ST-009 clocks up to 19,075 people. They are equal to approximately 53.89% of the total investors of ST-009.

Meanwhile, 697 investors come from the generation Z, which, in other words, is equivalent to 1.97% of the total investors of ST-009.

The yield rate attached to ST-009 is 6.15% (floating with floor). Meanwhile, the settlement date of ST-009 will fall on next December 7, 2022.

Furthermore, this high sales number is further reinforced by new investors who also showed peaking interest in ST-009. There were 13,412 new investors that placed their orders, which are equivalent to 37.89% of total investors.

For this security issuance, the Indonesian government collaborated with 33 distribution partners, consisting of 2 sharia banks, 18 conventional banks, 6 security companies, 5 mutual funds, and 3 fintech companies. (KR/ZH)

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