Mandiri Syariah Is Ready to Sell Retail Sukuk Sector SR-010

By : Wiyanto Dan Aldo Bella Putra | Wednesday, February 21 2018 - 19:00 IWST

Bank Mandiri Syariah (Foto Ist)
Bank Mandiri Syariah (Foto Ist)

INDUSTRY.co.id - Jakarta - Mandiri Syariah expects to sell Retail Sukuk Sector (SR) 010 up to Rp500 billion. SR-010 begins entering the booking period from 23 February to 14 March 2018.

SR-010 is a State Sharia Securities (SBSN) or state sukuk sold to individual Indonesian investors in the primary market. SR-010 is issued in rupiah currency and marketed through sellers who have been appointed by the government.

The Government through the Ministry of Finance has appointed 22 selling agents, including Mandiri Syariah. "Alhamdullilah, we have gained the trust of the Government as Retail Sukuk Selling Agent since it first appeared from SR-001 to the latest series, SR-010 series," said Edwin Dwidjajanto,

Distribution and Services Director Mandiri Syariah. Booking SR 010 can be done in all branches of BSM in Indonesia.

The issuance date of SR-010 is March 21, 2018. With a three-year tenor, SR-010 will mature on March 10, 2021. To date the government has not announced an indicative return or a share of SR-010.

Edwin Dwidjajanto added like previous retail sukuk, SR-010 has a nominal value per unit Rp1 million, minimum investment per participant is Rp 5 million and maximum Rp 5 billion.

"This time we provide a special feature for customers that is free insurance for Rp25 million in the form of self-accident protection for two months" added Edwin.

Based on historical data, the majority of Retail Sukuk investors in BSM are housewives and private and pensioners.

He stated, SR-010 can be a recruiter product in increasing the number of new customers. The addition of new customers will give impact of the series or multiplier effect on the sale of other Mandiri Syariah products.

"Investors can sell SR-010 in the secondary market after holding at least one period of profit sharing (coupon) as our selling agent is ready to be a standby buyer in the secondary market," said Edwin.

He explains, every year the trend of investors who buy Retail State Sukuk in Mandiri Syariah increased. No wonder because this type of investment instrument, safe and secure, easy process, affordable, prospects good, and in accordance with the principles of sharia.

In the previous year for instrument SR-009, Mandiri Syariah booked sales of Rp508 billion with 2,331 customers.

"In addition, through SR-010 we can directly directly contribute to the development of the State" concludes Edwin.

News Comment

Today's Industry

Mechatronic Calotte Loader mWL.cs

Sabtu, 23 Januari 2021 - 17:50 WIB

Mechatronic Systemtechnik Unveils Proprietary Calotte Loader mWL.cs

A fully automated stand-alone system for transferring wafers between cassettes and calottes, the mWL.cs provides integrated device manufacturers (IDMs) an opportunity to increase yield and improve…

Synopsys Software

Rabu, 13 Januari 2021 - 18:40 WIB

Synopsys Recognised as a Leader in Static Application Security Testing by Independent Research Firm

Synopsys receives highest score among 12 SAST providers in current offering category.

Electro-Balancer (E-Balancer)

Rabu, 13 Januari 2021 - 16:00 WIB

ZASCHE Handling Rolls Out New Range of Electric Balancers

the E-Balancer is a versatile tool suited for a broad range of heavy-duty industrial applications.

Taylor Armerding, Software Security Expert at Synopsys Software Integrity Group (Photo by Linkedin)

Rabu, 13 Januari 2021 - 15:40 WIB

What is the Cost of Poor Software Quality in the U.S.?

And if you doubt its credibility, or that it applies to software, check out the latest report from the Consortium for Information & Software Quality (CISQ), in partnership with Synopsys, “The…

Nivedita Murthy - Senior Security Consultant, at Synopsys Software Integrity Group

Jumat, 08 Januari 2021 - 17:35 WIB

DevSecOps: The good, the bad, and the ugly

DevSecOps is the practice of integrating security into every stage of the DevOps pipeline.