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Bond

Credible Investment with Maximum Results

Debt securities in Rupiah and US Dollar currencies issued by the Government of the Republic of Indonesia and guaranteed by Law

Bond

Valuable securities in the form of debt acknowledgement letters in rupiah or foreign currency, the payment of yields and principal of which is guaranteed by the Republic of Indonesia in accordance with the validity period (Law No. 24 of 2002).

Bonds are not products issued by PT Bank Tabungan Negara (Persero), Tbk. All consequences arising from the use of related data or information are entirely the responsibility of (potential) investors. Please contact the nearest BTN Prioritas for further information.

safety

Safety Assurance

Guaranteed by the applicable law

flexible

Flexible Transaction

The bond redemption process can be done at any time on the exchange day

profit

Profit Potential

Potential capital gains if the price is higher than the purchase price

yield

Coupon/Return

Get coupons or returns that are paid periodically

safety

Safety Assurance

Guaranteed by the applicable law

flexible

Flexible Transaction

The bond redemption process can be done at any time on the exchange day

profit

Profit Potential

Potential capital gains if the price is higher than the purchase price

yield

Coupon/Return

Get coupons or returns that are paid periodically

Bond Category

Surat Berharga (SBN) Category SBN Name Currency Investment
Surat Utang Negara Savings Bond Ritel (SBR) IDR Primary Market
Obligasi Ritel Indonesia (ORI) IDR Primary Market
Fixed Rate (FR) IDR Secondary Market
Obligasi Negara Valas (INDON) USD Secondary Market
Surat Berharga Syariah Negara Sukuk Tabungan (ST) IDR Primary Market
Sukuk Negara Ritel (SR) IDR Primary Market
Project Based Sukuk (PBS) IDR Secondary Market
Sukuk Negara Denominasi USD Syariah (INDOIS) USD Secondary Market

Bond

A variety of primary and secondary Surat Berharga Negara (SBN) options are available to increase investment and maximize profit potential

Primary Market

Updated 12 May 2023 | 14:45 WIB

Bond Series Maturity Coupon Payment Period Information Memorandum E-Brochure
ORI 15/02/2031 10th of the month
SBR 11/09/2026 10th of the month
SR 11/09/2026 10th of the month
ST 09/04/2027 10th of the month
See All

Secondary Market

Updated 15 May 2023 | 14:45 WIB

Bond Series Maturity Coupon Coupon Payment Period Purchase Sell Current Income Yield To Maturity Duration Of Selling Years To Maturity
FR 03/02/2008 2.100% 10th of the month 98.50% 101.25% 5.04% 5.04% 0.37 0.40
INDOIS 03/02/2008 2.100% 10th of the month 98.50% 101.25% 5.04% 5.04% 0.37 0.40
INDON 03/02/2008 2.100% 10th of the month 98.50% 101.25% 5.04% 5.04% 0.37 0.40
PBS 03/02/2008 2.100% 10th of the month 98.50% 101.25% 5.04% 5.04% 0.37 0.40
See All


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Risks

Default Risk

The risks are that investors do not get the payment of funds promised by the issuer when the investment product matures coupons and principal.

Market Risk

The potential loss (capital loss) for investors is due to factors that affect the overall performance of financial markets, including changes in interest rates, changes in economic fundamentals, and unstable political conditions.

Liquidity Risk

The risk is that investors will not be able to sell or liquidate investment products on time at a fair price.

How to Purchase

Primary Market

  • 1

    Single Investor Identification (SID) Application

    Customers apply for SID through Customer Service and update data that has changed.

  • 2

    Fill Out the Risk Profile Form

    Please make sure to fill out the risk profile form completely and with the requested information.

  • 3

    Register Internet Banking

    Customers request to open an Internet Banking account through Customer Service.

  • 4

    SID Registration via Internet Banking

    Customers can access the registration menu on Internet Banking.

  • 5

    Place an Order via Internet Banking

    Customers access the booking menu and complete the booking data.

  • 6

    Make Payment

    Customers make payments according to the nominal bill (max. IDR1,000,000,000) via Internet Banking. If the payment exceeds the nominal, it will be made through the teller.

  • 7

    Booking Successful

    Customers receive the NTPN code sent by the Ministry of Finance via registered email, and the booking cannot be canceled. Confirmation of ownership will be issued T+2 bourse days after the settlement date.

Secondary Market

  • 1

    Visit a BTN Priority Branch Office

    Customers have a SID (Single Investor Identification) which can be registered through the nearest BTN Priority Branch Office.

  • 2

    Single Investor Identification (SID) Application

    Customers apply for SID through Customer Service and update the data that has changed.

  • 3

    Fill Out the Risk Profile Form

    Please make sure to fill out the risk profile form completely and with the requested information.

  • 4

    Fill Out the Purchase Form

    Customers fill out the data listed on the purchase form. Confirmation of ownership will be issued T+2 bourse days after the settlement date.

Find Answer For Your Question

Primary Market

Savings Bond Ritel (SBR)

1. How much is the administration fee of Savings Bond Ritel (SBR)?
The administration fee for Savings Bond Ritel (SBR) is a monthly coupon fee of IDR 1,000/for each coupon payment and a sales fee of 0,05% of the sales amount if made before maturity.

2. Can the Savings Bond Ritel (SBR) be traded?
No, the Savings Bond Ritel (SBR) is non-tradeable, which means it cannot be traded through the secondary market until maturity.

3. How to buy Savings Bond Ritel (SBR)?
Savings Bond Retail (SBR) can be purchased through BTN internet banking during the offering period in the primary market and can also be purchased through the secondary market by visiting the nearest BTN Priority Branch Office.

4. When is the Savings Bond Ritel (SBR) coupon paid?
Savings Bond Retail (SBR) coupons are paid monthly on the 15th and if the 15th falls on an exchange holiday, the coupon will be paid on the next exchange day.

5. Is there a potential loss on Savings Bond Ritel (SBR)?
Yes, the potential loss of Savings Bond Ritel (SBR) can occur if selling in the secondary market before maturity when the selling price is below the purchase price.

6. Is the coupon amount of the Savings Bond Ritel (SBR) paid every month the same?
No, the potential coupon of Savings Bond Ritel (SBR) paid every month is not the same. This is because the coupon type of the Savings Bond Ritel (SBR) is floating with floor, meaning that the lowest limit is as stated in the information memorandum, but can have the potential for increase referring to the BI rate increase.

7. What is the minimum order for Savings Bond Ritel (SBR)?
Savings Bond Retail (SBR) can be purchased at a minimum of IDR 1,000,000.

Obligasi Ritel Indonesia (ORI)?

1. How much is the administration fee of Obligasi Ritel Indonesia (ORI)?
The administration fee for Obligasi Ritel Indonesia (ORI) is a monthly coupon fee of IDR 1,000/for each coupon payment and a sales fee of 0,05% of the nominal value of the sale if made before maturity.

2. Can Obligasi Ritel Indonesia (ORI) be traded?
Yes, Obligasi Ritel Indonesia (ORI) can be traded through the secondary market.

3. How do I buy Obligasi Ritel Indonesia (ORI)?
Obligasi Ritel Indonesia (ORI) can be purchased through BTN internet banking during the offering period in the primary market and can also be purchased through the secondary market by visiting the nearest BTN Priority Branch Office.

4. When is the Obligasi Ritel Indonesia (ORI) coupon paid?
The coupon for Obligasi Ritel Indonesia (ORI) is paid monthly on the 15th and if the 15th falls on a stock exchange holiday, the coupon will be paid on the next stock exchange day.

5. Are there any potential losses on Obligasi Ritel Indonesia (ORI)?
Yes, the potential loss of Obligasi Ritel Indonesia (ORI) can occur when selling in the secondary market before maturity when the selling price is below the purchase price.

6. Is the coupon amount of Obligasi Ritel Indonesia (ORI) paid every month the same?
Yes, the coupon of Obligasi Ritel Indonesia (ORI) paid every month is always the same because the coupon type of Obligasi Ritel Indonesia (ORI) is fixed rate.

7. What is the minimum subscription for Obligasi Negara Ritel (ORI)?
Obligasi Negara Ritel (ORI) can be purchased for a minimum amount of IDR 1,000,000.

8. How long does it take to redeem Obligasi Negara Ritel (ORI) in the secondary market?
Settlement/disbursement of Obligasi Negara Ritel (ORI) in the secondary market at BTN is T+2 bourse days.

Sukuk Tabungan (ST)

1. What is the administration fee of Sukuk Tabungan (ST)?
The administration fee charged is a monthly coupon fee of Rp1,000 per coupon payment and a sales fee of 0,05% of the sales amount if made before maturity.

2. Can Sukuk Tabungan (ST) be traded?
Yes, Sukuk Tabungan (ST) is non-tradeable, which means it cannot be traded through the secondary market until maturity.

3. How to buy Sukuk Tabungan (ST)?
Sukuk Tabungan (ST) can be purchased through BTN internet banking during the offering period in the primary market and can also be purchased through the secondary market by visiting the nearest BTN Priority Branch Office.

4. When is the Sukuk Tabungan (ST) coupon paid?
Sukuk Tabungan (ST) coupons are paid monthly on the 10th and if the 10th falls on an exchange holiday, the coupon will be paid on the next exchange day.

5. Is there a potential loss on Sukuk Savings (ST)?
Yes, potential Sukuk Tabungan (ST) losses can occur if selling in the secondary market before maturity when the selling price is below the purchase price.

6. Is the Sukuk Tabungan (ST) coupon amount paid every month the same?
No, the potential Sukuk Savings (ST) coupon paid each month is not the same. This is because the Sukuk Tabungan (ST) coupon type is floating with floor, meaning that the lowest limit is as stated in the information memorandum, but can have the potential to increase referring to the BI rate increase.

7. What is the minimum Sukuk Tabungan (ST) subscription?
Sukuk Tabungan (ST) can be purchased for a minimum amount of IDR 1,000,000.

Sukuk Negara Ritel (SR)

1. Is Sukuk Negara Ritel (SR) by sharia principles?
Yes, Sukuk Negara Ritel (SR) has complied with Sharia principles, is free from usury, gharar, and maysir, and is supervised by the Sharia Supervisory Board.

2. How much is the administration fee of Sukuk Negara Ritel (SR)?
The administration fee charged is a coupon fee per month of IDR 1,000/for each coupon payment and a sales fee of 0,05% of the nominal sales if made before maturity.

3. Can Sukuk Negara Ritel (SR) be traded?
Yes, Sukuk Negara Ritel (SR) can be traded through the secondary market.

4. How do I buy Sukuk Negara Ritel (SR)?
Sukuk Negara Ritel (SR) can be purchased through BTN Internet Banking during the offering period in the primary market and can also be purchased through the secondary market by visiting the nearest BTN Priority Branch Office.

5. When is the Sukuk Negara Ritel (SR) coupon paid?
Sukuk Negara Ritel (SR) coupons are paid monthly on the 10th and if the 10th falls on an exchange holiday, the coupon will be paid on the next exchange day.

6. Is there a potential loss of Sukuk Negara Ritel (SR)?
Yes, the potential loss of Sukuk Negara Ritel (SR) can occur if selling in the secondary market before maturity when the selling price is below the purchase price.

7. Is the coupon amount of Sukuk Negara Ritel (SR) paid every month the same?
Yes, the coupon of Sukuk Negara Ritel (SR) paid every month is always the same because the coupon type of Sukuk Negara Ritel (SR) is a fixed rate.

8. What is the minimum order for Sukuk Negara Ritel (SR)?
Sukuk Negara Ritel (SR) can be purchased at a minimum of IDR 1,000,000.

9. How long does it take to cash out Sukuk Negara Ritel (SR) on the secondary market?
Settlement/disbursement of Sukuk Negara Ritel (SR) in the secondary market at BTN is T+2 bourse days.

Secondary Market

Fixed Rate (FR)

1. How much is the Fixed Rate (FR) administration fee?

The administration fee charged is a coupon fee per six (6) months of IDR 6,000/each coupon payment and a sales fee of 0.05% of the nominal sales if made before maturity.

2. Can the FR be traded?
Yes, FR can be traded through the secondary market.

3. How can I buy FRs?
FR can be purchased through the secondary market by visiting the nearest BTN Prioritas Branch Office.

4. When is the FR coupon paid?
FR coupons are paid every six (6) months on the 15th and if the 15th falls on an exchange holiday, the coupon will be paid on the next exchange day.

5. Is there a potential loss of FR?
Yes, potential FR losses can occur if selling in the secondary market before maturity when the selling price is below the purchase price.

6. Is the nominal coupon paid every month the same?
Yes, the FR coupon paid every month is always the same, because the type of FR coupon is fixed (fixed rate).

7. What is the minimum FR order?
FR can be purchased at a minimum of IDR 100,000,000.

8. How long does it take to cash out FRs on the secondary market?
Settlement/disbursement on the secondary market at BTN is T+2 bourse days.

Sukuk Negara Denominasi USD Syariah (INDOIS)


1. How much is the administrative fee of Sukuk Negara Denominasi USD Syariah (INDOIS)?
The administration fee of the Sukuk Negara Denominasi USD Syariah (INDOIS) is a coupon fee per six (6) months of 0,5 USD / each coupon payment and a sales fee of 0,05% of the nominal sales if made before maturity.

2. Can Sukuk Negara Denominasi USD Syariah (INDOIS) be traded?
Yes, Sukuk Negara Denomination USD Syariah (INDOIS) can be traded through the secondary market.

3. How do I buy the Sukuk Negara Denominasi USD Syariah (INDOIS)?
Sukuk Negara Denominasi USD Syariah (INDOIS) can be purchased through the secondary market by visiting the nearest BTN Priority Branch Office.

4. When will the Sukuk Negara Denominasi USD Syariah (INDOIS) coupon be paid?
Sukuk Negara Denomination USD Syariah (INDOIS) coupons are paid every six (6) months.

5. Is there any potential loss of Sukuk Negara Denominasi USD Syariah (INDOIS)?
Yes, the potential loss of Sukuk Negara Denominasi USD Syariah (INDOIS) can occur if selling in the secondary market before maturity when the selling price is below the purchase price.

6. Is the nominal coupon of Sukuk Negara Denominasi USD Syariah (INDOIS) paid every month the same?
Yes, the coupon of Sukuk Negara Denominasi USD Syariah (INDOIS) paid every month is always the same because the coupon type is fixed (fixed rate).
7. What is the minimum order for Sukuk Negara Denominasi USD Syariah (INDOIS)? Sukuk Negara Denominasi USD Syariah (INDOIS) can be purchased at a minimum of 200,000 USD.

Obligasi Negara Valas (INDON)

1. How much is the administration fee of Obligasi Negara Valas (INDON)?
The administration fee for Obligasi Negara Valas (INDON) is a coupon fee per six (6) months of 0.5 USD/coupon payment and a sales fee of 0.05% of the nominal value of the sale if made before maturity.

2. Can the Obligasi Negara Valas (INDON) be traded?
Yes, the Obligasi Negara Valas (INDON) can be traded through the secondary market.

3. How do I buy the Obligasi Negara Valas (INDON)?
Obligasi Negara Valas (INDON) can be purchased through the secondary market by visiting the nearest BTN Priority Branch Office.

4. When are the coupons of Obligasi Negara Valas (INDON) paid?
The coupon for Obligasi Negara Valas (INDON) is paid every six (6) months.

5. Is there any potential loss on the Obligasi Negara Valas (INDON)?
Yes, potential losses of Obligasi Negara Valas (INDON) can occur when selling in the secondary market before maturity when the selling price is below the purchase price.

6. Is the coupon amount of the Obligasi Negara Valas (INDON) paid every month the same?
Yes, the Obligasi Negara Valas (INDON) coupon paid every month is always the same because the coupon type is a fixed rate.

7. What is the minimum order for Obligasi Negara Valas (INDON)?
Obligasi Negara Valas (INDON) can be purchased for a minimum amount of 200,000 USD.

Project Based Sukuk (PBS)

1. How long is the term or tenor of the Project Based Sukuk (PBS) investment?
The investment tenor of Project Based Sukuk (PBS) is 5 - 30 years from the date of issuance.

2. What is the difference between Project Based Sukuk (PBS) and other types of sukuk?

Project Based Sukuk (PBS) is a source of funding through the issuance of SBSN to finance certain activities carried out by the Ministry of State / Institution. Project Based Sukuk (PBS) is carried out by Sharia principles.

3. What are the risks of Project Based Sukuk (PBS)?
Project Based Sukuk (PBS) has a risk of loss caused by market conditions. This can occur when selling in the secondary market before maturity when the selling price is below the purchase price.

4. How much is the administration fee of Project Based Sukuk (PBS)?
The administration fee charged by Project Based Sukuk (PBS) is a coupon fee per six (6) months of IDR 6,000 / each coupon payment and a sales fee of 0,05% of the nominal sales if made before maturity.

5. Can Project Based Sukuk (PBS) be traded?
Yes, Project Based Sukuk (PBS) can be traded through the secondary market.

6. How to buy Project Based Sukuk (PBS)?
Project Based Sukuk (PBS) can be purchased through the secondary market by visiting the nearest BTN Prioritas Branch Office.

7. When is the Project Based Sukuk (PBS) coupon paid?
The Project Based Sukuk (PBS) coupon is paid every six (6) months on the 10th and if the 10th falls on an exchange holiday, the coupon will be paid on the next exchange day.

8. Is there any potential loss of Project Based Sukuk (PBS)?
Yes, potential Project Based Sukuk (PBS) losses can occur if selling in the secondary market before maturity when the selling price is below the purchase price.

9. Is the nominal coupon of Project Based Sukuk (PBS) paid every month the same?
Yes, the Project Based Sukuk (PBS) coupon paid every month is always the same because the PBS coupon type is a fixed rate.

10. What is the minimum order for Project Based Sukuk (PBS)?
Project Based Sukuk (PBS) can be purchased at a minimum of IDR 100,000,000.

11. How long does it take to disburse Project Based Sukuk (PBS) in the secondary market?
Settlement/disbursement of Project Based Sukuk (PBS) in the secondary market at BTN is T+2 bourse days.

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